While we’ve been able to maintain our independent attitude, the accountability that comes along with having a partner has actually made us a better agency.

Being able to share ideas with other agency owners, who are dealing with the same things we’re dealing with, has been an important benefit of our partnership with BroadStreet℠.

My experience has been great.  We have retained 100% percent decision making authority from an operations standpoint, and being associated with the Broadstreet℠ team, and having resources to continue growing the agency has been an incredible advantage.

We have been a BroadStreet℠ core agency for a year now but our relationship began more than 20 months ago when we were first introduced. The best way to sum things up, with hindsight being what it is: We wouldn’t change a thing about our relationship.

No other partner in the marketplace has the long term investment time horizon like BroadStreet℠ does.

Our M&A activity has allowed us to grow 50% in our first 2 years with BroadStreet℠ as our partner.  Having the BroadStreet℠ guidance on transactions is like having an in-house financial and legal consultant.

The ability to access funds to facilitate acquisitions after joining BroadStreet℠ was a game changer for us.

They recognize that a partnership only works when both parties win.

The decision to partner with BroadStreet℠ was a win- win for our local ownership group, our employees and their development, and the insurance carriers we represent.

Due to our increasing size we’re able to tuck-in larger agencies than we would have if we were not a part of the Broadstreet℠ team.

When we joined BroadStreet℠, we were less than $4,000,000 in annual revenue. In just over 10 years, we generate roughly $30,000,000 in annual revenue, and our goal is to double in size again over the next 5 years.

BroadStreet℠ has been a partner with our agency for over 10 years, and at no time have I ever felt that the operational decisions made by our agency were not 100% ours.

BroadStreet℠ values the partnership with us and they trust us.

We have the best of all worlds with Broadstreet℠ — we have a perpetuation plan in place, we have a capital partner in place, we have a network of other agency leaders as professional colleagues, we have access to financial and legal experts and we have the ability to make our own operating decisions.

What attracted us to BroadStreet Partners℠ was two-fold; the opportunity to maintain local ownership in the community and the capital available to solve the short and long term perpetuation problems at our agency and others.

The reason why BroadStreet℠ is such a viable option for growing agencies like ours is the capital support they provide us with to take advantage of M&A opportunities that arise due to the demographics of our business.

You are not selling your entire agency to BroadStreet℠, you are truly partnering with a 21st century financial organization to position your agency for future success.

The focus on organic growth has allowed us to continue to invest in the business and bring on new producers to build for the future while taking a long-term approach rather than being forced to adopt a short-term quarterly profit driven agenda.

Every agency that considers some kind of transaction has its own unique set of circumstances. In our case it wasn’t perpetuation,  it was the desire to build upon what we had created with an equity partner that would give us the latitude and flexibility to take advantage of the market.  BroadStreet℠ provides us the tools and financial support to take our agency to levels we thought nearly unachievable.