Seven New Investments in the First Quarter 2018
During the first quarter of 2018 BroadStreet℠ and its core partners completed 7 new investments. Through these investments, we added to our footprint in multiple geographic areas from the Mid-Atlantic to the Western States.
With our first quarter activity, we’ve added $13.7 million in annualized revenue and added 5 new equity owners.
2017 was a record setting year for consolidation activity among independent insurance agencies and brokers. Our co-ownership model is a unique alternative for agency principals who need to perpetuate and create succession for their businesses.
Our partners are agency owners who want to continue to build their business while having access to new markets, the benefits of scale and ready access to capital resources to support growth.
To learn more about partnering with BroadStreet℠ and our partner agencies, please contact me.