Colbeck Capital Management Provides $143 Million Senior Secured Acquisition Facility to Tri-State Insurance Agency
Colbeck Capital Management has provided a $143 million senior secured acquisition facility to a leading independent insurance agency operating in the Tri-State area. The insurance agency provides best in industry products, specializing in P&C insurance brokerage and ultra-high net worth life insurance and family office services.
Proceeds from the facility were used to expand its offerings in the P&C insurance brokerage space, allowing the company to acquire a boutique independent retail insurance agency serving the broader United States.
Colbeck Capital Management has extensive experience providing strategic financing to enable dynamic growth opportunities.