Eight New Investments in the Second Quarter of 2017
During the second quarter of 2017 BroadStreet℠ and its core partners completed 8 additional investments and added $16.7 million in annualized revenue. These investments build on our presence in the Midwest, Southeast and New England. Additionally, with these investments, we have added 8 new individual management owners.
For the first half of 2017, BroadStreet℠ and its partners have made a total of 18 investments with $40.4 million in annualized revenue.
BroadStreet’s℠ co-ownership model continues to attract talented and entrepreneurial partners who are seeking a succession and perpetuation solution. We remain particularly well suited for agency owners who want to continue to build their businesses by making their own acquisitions and who are seeking to hiring new producers to support their organic revenue growth goals.
To learn more about partnering with BroadStreet℠ and our partner agencies, please contact me.