Thought Leadership

Core Partners Using the Model to Accelerate Growth Through Fully Integrated Tuck-Ins

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 literally, “tuck” these agencies “in” to their operations, systems, processes, and cultures.

Tuck-in integration is a critical capability that all of our partners possess: simply, it allows them to more efficiently manage and control their businesses. The average size of a Core partner is $25 million in revenue. These are large, sophisticated business, and fully integrating their own investments allows them to avoid having a collection of disassociated acquired agencies. This would be difficult and inefficient to manage.

It also highlights the efficiency and focus of BroadStreet’s℠ approach: we focus our efforts on being a great partner to an exclusive group of Core partners.

During the first quarter of 2019, BroadStreet℠ and its Core partners made 9 new investments with $41 million in annualized revenue. This includes 8 tuck-in investments and one new Core partner. With these investments, we strengthened our presence in the Midwest and Western states and also welcomed 20 new co-owners who have direct equity ownership in their agencies.

Our co-ownership model attracts talented and entrepreneurial partners who want to continue to build their businesses. We remain well suited for agency owners who need a partner to help them execute their own organic growth and acquisition strategy.

To begin a discussion about partnering with BroadStreet℠ and our Core partners, please contact me.

Recent Posts

07 19

Shepherd Insurance Discusses Decision to Partner with BroadStreet

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…
Continue Reading
06 19

It’s not an “Either / Or” Decision: Our Co-Owners Participate in the Upside of Agency Growth

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…
Continue Reading
04 19

BroadStreet Partners’ CEO Rick Miley Will Be a Panelist at Reagan’s Ownership Summit

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…
Continue Reading