Colbeck Capital Management Provides $100 Million Senior Secured Debt Facility to National Insurance Agency
Colbeck Capital Management has provided a $100 million senior secured debt facility to a leading national insurance agency. The company’s group of independent retail insurance agencies provides personal lines, commercial lines, and life and health insurance. The insurance provider offers a robust national network combined with the local expertise of its regional agencies.
Proceeds from the facility were used to finance the acquisition of nine retail insurance agencies, consolidate ownership, and expand its regional offerings.
Colbeck Capital Management has extensive experience providing strategic financing to enable dynamic growth opportunities and meet companies’ industry specific needs.