Thought Leadership

Differentiation (Still) Matters

Rick Miley   |   November 26, 2019

For the last several years, as the consolidation wave has washed over the insurance brokerage industry, the staggering number of deals and rising valuation multiples have been the headline grabbers. Recently though, we’ve noticed a change in the tenor of…

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BroadStreet Partner Smith Brothers Featured at the Yale School of Management: Business Succession

Rick Miley   |   November 8, 2019
Our partner in Connecticut, Smith Brothers, was recently featured as the subject of a case study at the Yale School of Management. Joe Smith, CEO of Smith Brothers in Glastonbury, Connecticut has built a reputation as a forward-thinking entrepreneur, and…
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There’s No Image Problem in the Insurance Industry According to our Interns

Ken Kirk   |   August 30, 2019
At BroadStreet℠ we’re building a long-term sustainable business and we make a point of investing in people in order to develop the next generation of agency leaders. This summer, more than 20 interns spent time at our Core partner agencies. …
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Shepherd Insurance Discusses Decision to Partner with BroadStreet

Rick Miley   |   July 10, 2019
Recently one of our Core partners sat down with MarshBerry CEO, John Wepler for a Q&A session to discuss perpetuation. The executive team at Shepherd Insurance, headquartered in Carmel, Indiana describes their rationale for choosing BroadStreet℠ as a partner.  They…
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It’s not an “Either / Or” Decision: Our Co-Owners Participate in the Upside of Agency Growth

Rick Miley   |   June 10, 2019
BroadStreet's℠ unique co-ownership model continues to attract entrepreneurial and growth-minded agency owners who are looking for a partner to accelerate their growth. In the current environment, agency owners are regularly considering offers to sell their business and consolidate with another…
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BroadStreet Partners’ CEO Rick Miley Will Be a Panelist at Reagan’s Ownership Summit

Jeff Racz   |   April 26, 2019
BroadStreet Partners’ CEO Rick Miley has been invited to participate as a panelist at Reagan Consulting’s upcoming Agency Ownership Summit in Atlanta on May 6. Rick will discuss BroadStreet’s unique co-ownership model, which serves to create a firm foundation for…
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Core Partners Using the Model to Accelerate Growth Through Fully Integrated Tuck-Ins

David Ross   |   April 2, 2019
At BroadStreet℠, we work alongside our Core partners as they execute their tuck-in acquisition strategies by providing them with financial, sourcing and legal support. The reason that we label them “tuck-in” investments is because our partners fully integrate, and quite…
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We Don’t Own a Cookie Cutter…Great Partners Come in All Forms

Rick Miley   |   March 15, 2019
At BroadStreet℠, we’re accustomed to being prepared, adapting and staying flexible. Our partners are great risk management professionals, and they’re also entrepreneurs.  The form and structure of our partners have been historically varied, but our bias has always been to…
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I Worry About Short Term-ism in Our Business

Rick Miley   |   February 28, 2019
At BroadStreet℠, we partner with outstanding insurance agency entrepreneurs and build businesses together.  Our role is to help our Core agency partners grow, and provide them with resources that they wouldn’t otherwise be able to access.  Our goal is to…
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11 Investments in the Fourth Quarter of 2018; 34 Investments for the Year

David Ross   |   December 31, 2018
During the fourth quarter of 2018 BroadStreet℠ and its core partners completed 11 additional investments and added $65.1 million in annualized revenue.  These investments build on our presence in multiple geographies across the United States. For the full year 2018…
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BroadStreet is active and influential participant in a number of industry groups. Our agency CEOs serve in leadership positions at the national, regional and local levels of associations that help to promote our industry’s interests.

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