Location: Columbus, OH
Investment Year: 2012
Website: www.broadstreetcorp.com

Business Description

BroadStreet Partners is a diversified commercial and personal insurance brokerage business. The company has a unique acquisition strategy through which they acquire a majority interest in “core” agencies, allowing the agency management team to maintain an equity interest in the business post-transaction. This strategy creates a long term incentive for agency level management to increase the value of the agency.

Century Investment Thesis 

Opportunity to drive growth through acquisitions using the BroadStreet platform in a large and fragmented market. Sellers retain a significant equity in the business and choose to remain with BroadStreet and build equity in the new business.

Century Value Add
  • Refining M&A strategy
  • Facilitating M&A activity
  • Due diligence acquisition targets
  • Capital structure optimization