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Aug 7, 2007 – Allied Capital invests in Higginbotham & Associates
Allied Capital Invests in Leading Regional Insurance Brokerage Firm WASHINGTON, Aug 07, 2007 — Allied Capital Corporation (NYSE:ALD) announced today that it has committed $93.4 million to support the management-led recapitalization of Higginbotham & Associates, a leading middle market insurance brokerage and risk management firm. Allied Capital’s investment took the form of senior and subordinated…
Jun 17, 2008 – The NIA Group acquires Taylor Financial Insurance Agency
The NIA Group Acquires Taylor Financial Insurance Agency PARAMUS, N.J.– JUNE 17, 2008 — Insurance brokerage firm The NIA Group, LLC is pleased to announce that it has acquired Jacksonville, Florida insurance agency, Taylor Financial, effective June 1, 2008. The acquisition marks NIA’s third agency purchase in the Sunshine State. NIA currently operates offices in…
Jul 1, 2004 – Investors led by Kronenberg acquire Professional Underwriters assets
PRESS RELEASE For Immediate Release Contact: Tom Ruddy, Director of Marketing Professional Underwriters, Phone: 610-631-8702 truddy@professionalunderwriters.com www.professionalunderwriters.com Investors Led by Kronenberg Acquire Professional Underwriters Assets July 1, 2004, Trooper, PA: A group of private investors led by William Kronenberg, III, announced today that it has completed its acquisition of designated assets of Professional Underwriters which…
Jun 8, 2015 – USI Insurance Services acquires NJ based Construction Agency Professionals
USI Insurance Services acquires Construction Agency Professionals June 8, 2015 – Valhalla, NY – USI Insurance Services (“USI”) announced today that it has acquired the insurance property-casualty construction and surety business of KORE Group, Inc., DBA Construction Agency Professionals (CAP). This business and its employees will join USI’s West Orange, NJ office. The terms of…
May 15, 2006 – Hub International Limited acquires Weststar Insurance Managers
Hub International Acquires Westar Insurance Managers CHICAGO, May 15, 2006 (BUSINESS WIRE) — Hub International Limited (NYSE:HBG) (TSX:HBG), a leading North American insurance brokerage, announced today the purchase of Westar Insurance Managers (“Westar”), based in Kirkland, Washington. The company will become part of Hub International’s Seattle-based operation (HUB Northwest), which currently offers special expertise in…
Dec 27, 2010 – Houston International Insurance Group sells Southwest Risk LP to GCP Capital Partners
HOUSTON INTERNATIONAL INSURANCE GROUP ANNOUNCES THE SALE OF SOUTHWEST RISK TO GCP CAPITAL PARTNERS HOUSTON – December 27, 2010 Houston International Insurance Group (HIIG) announced today the sale of its wholesale insurance broker subsidiary, Southwest Risk, LP (SWR), to New York based, private equity firm GCP Capital Partners LLC (GCP). This transaction closed immediately and…