Ethos Capital, BCI, and White Mountains to acquire a majority stake in BroadStreet Partners from OTPP.

Ethos Capital, a global investment firm specializing in middle-market companies, along with co-investors BCI and White Mountains, agreed to acquire a majority stake in BroadStreet Partners, a North American insurance brokerage company, from OTPP, a global investor managing assets for Ontario's teachers. Financial terms were not disclosed. “BroadStreet is uniquely positioned as the partner of choice for successful entrepreneurs seeking new avenues for growth. Our differentiated co-ownership model and proven strategy empower our 30 Core Agency Partners to scale their businesses with confidence. For over a decade, the Ontario Teachers’ team has been a value-added partner to us. We are excited to continue this collaboration and now join forces with Ethos, BCI, and White Mountains, leveraging their collective expertise to enhance our capabilities and drive sustained growth," Mike O’Connor, BroadStreet CEO.