Thought Leadership

Doing Things Well and Doing Things Right

Article excerpt

We never miss an opportunity to highlight that BroadStreet's℠ core partners are among the best independent agencies in the country.  When we meet with the leaders of independent agencies, we tell them that that there’s a certain type of agency…

Eight New Investments in the Second Quarter of 2017

Article excerpt 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…
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Partnerships Only Work When Both Partners Win

Article excerpt Recently I was asked to give some perspective on deal-making for a Columbus business magazine. The full article can be found here, at Smart Business Magazine. I think sometimes people view the process of deal-making and the negotiating of a…
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Helping to Solve the Seller’s Trade-off Dilemma

Article excerpt About a month ago I read an article about the owner of a large agency in Pennsylvania who decided to perpetuate his agency by establishing an ESOP. What’s surprising to many is that the agency owner chose this route in…
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10 New Investments in the First Quarter 2017

Article excerpt The BroadStreet℠ model continues to attract agencies with a need to perpetuate and create succession for their businesses. During the first quarter of 2017 BroadStreet℠ and its core partners completed 10 investments, which improved our presence in the Midwest and…
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Arizona Chapter of the IICF Awards $36,000 to Nonprofits

Article excerpt On February 16, 2017 the Insurance Industry Charitable Foundation (IICF) delivered a $36,000 check to Arizona community nonprofits to support vital community needs. Ken Kirk, BroadStreet Partners'℠ Regional President, is the Founding Chairman of the Arizona Chapter of the IICF…
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We’re Partnering with People, Not Just Investing in a Business

Article excerpt In the insurance brokerage business, the headline for the last three years has been all about the number of transactions that have been done and how many agencies have been purchased. BroadStreet℠ has been at this business for about 15…
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BroadStreet Partners℠ Recognized as a “Best Place to Work” in Central Ohio for the Second Year in a Row

Article excerpt Columbus Business First recently recognized BroadStreet Partners℠ as one of the “Best Places to Work” in Central Ohio.  This is the second year in a row that BroadStreet℠ was recognized as a best place to work. BroadStreet Partners℠ was formed…
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BroadStreet Partners℠ Refinances Its Bank Facility and Receives Moody’s and S&P Ratings

Article excerpt We frequently describe how BroadStreet℠ offers a unique co-ownership approach that helps our independent insurance agency partners achieve their strategic growth plans.   Over the last 5 years our partners’ compound annualized revenue growth rate has been 32%, which is the…
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Protect and Strengthen Client Relationships—Don’t Disrupt Them

Article excerpt At a recent insurance industry event, the Insurance Executive Forum (which was sponsored by Illinois State University’s Katie School of Insurance and Financial Services) the panelists discussed the rapid pace of merger and acquisition activity in the insurance industry. I…
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