BroadStreet Partners secured a strategic investment led by Ethos Capital, British Columbia Investment Management Corporation, and White Mountains Insurance Group, aiming to accelerate its growth and strengthen its position in the insurance brokerage market.

Target Information

BroadStreet Partners ("BroadStreet" or the "Company") is a prominent player in the middle-market insurance brokerage sector, specializing in both commercial and personal property & casualty insurance along with employee benefits solutions. The Company collaborates closely with top independent insurance agencies, referred to as Core Agency Partners. Its strategic framework includes providing robust M&A capabilities, capital solutions, and a wide array of resources tailored to foster organic growth among its partners.

BroadStreet distinguishes itself through an innovative co-ownership model and a strong commitment to digital transformation, which not only enhances its operational efficiencies but also positions its Core Agency Partners for long-term success and sustainable growth.

Industry Overview in the United States

The United States insurance industry is one of the largest and most sophisticated in the world, characterized by a variety of segments, including life, health, property