Gauge Capital completed an investment in Affordable American Insurance.

Gauge Capital, a private equity firm, completed an investment in Affordable American Insurance, a tech-enabled property and casualty insurance agency network. Financial terms were not disclosed. "AAI is excited to partner with Gauge Capital as we enter our next phase of growth while staying true to our core mission and vision for market leadership. We needed a partner who understood our culture and could help us scale. This partnership provides us with the capital and resources to accelerate our strategic growth plan while maintaining the exceptional service our clients expect," Chris Fernandez, AAI President & CEO.