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Founders Insurance, Hutchinson Traylor Insurance, McGinty-Gordon & Associates, and Waites & Foshee, four premier retail insurance brokers, today announced that they have signed definitive agreements to combine to form Oakbridge Insurance Agency LLC (“Oakbridge”), a new integrated insurance brokerage firm serving clients across Georgia and the Southeast U.S.
As part of the transaction, Corsair Capital LLC (“Corsair”), a private equity firm focused on business and financial services, has made a strategic investment in Oakbridge. Robert C. (“Robbie”) Smith, a veteran insurance executive with experience holding senior leadership roles at firms including Hamilton Dorsey Alston in Atlanta, MHBT in Dallas, and Reagan Consulting, will become Chief Executive Officer of the newly-created agency.
4 Georgia Firms Form Southeast-Focused Oakbridge Insurance Agency December 18, 2020
Four retail insurance brokers – Founders Insurance, Hutchinson Traylor Insurance, McGinty-Gordon & Associates, and Waites & Foshee – have signed definitive agreements to combine to form Oakbridge Insurance Agency LLC, a new insurance brokerage firm serving clients across Georgia and the Southeast U.S.
As part of the transaction, Corsair Capital LLC, a private equity firm focused on business and financial services, has made a strategic investment in Oakbridge.
Robert C. Smith, a veteran insurance executive with experience holding senior leadership roles at firms including Hamilton Dorsey Alston in Atlanta, MHBT in Dallas, and Reagan Consulting, will become chief executive officer of the newly created agency.
Dec 17, 2020
ATLANTA â Founders Insurance, Hutchinson Traylor Insurance, McGinty-Gordon & Associates, and Waites & Foshee, four premier retail insurance brokers, today announced that they have signed definitive agreements to combine to form Oakbridge Insurance Agency LLC (âOakbridgeâ), a new integrated insurance brokerage firm serving clients across Georgia and the Southeast U.S.
Hutchinson Traylor, based in LaGrange, Ga., operates seven offices in Georgia, including one in Moultrie. Each of the other companies involved have multiple offices in Georgia, but none in Colquitt County.
As part of the transaction, Corsair Capital LLC, a private equity firm focused on business and financial services, has made a strategic investment in Oakbridge, according to a press release. Robert C. âRobbieâ Smith, a veteran insurance executive with experience holding senior leadership roles at firms including Hamilton Dorsey Alston in Atlanta, MHBT in Dallas, and Reagan Consu
Raymond James Acquires Financo
Raymond James Financial, Inc. has agreed to buy boutique investment bank
Financo. The acquisition expands Raymond’s investment banking capabilities in the consumer and retail sectors.
“As the consumer and retail spaces undergo significant shifts in business models and shopping behavior, we see tremendous growth opportunity for M&A and growth capital-raising in the space, which are Financo’s main areas of expertise,” says
Jim Bunn, president of Raymond James Global Equities and Investment Banking. “This acquisition significantly expands our consumer group and deepens our private equity relationships further assuring Raymond James is well-positioned to serve clients’ growing demand for banking expertise during a critical period of transition and change in the sector.”
TA Backs Victor Maker Mid America Pet Food
TA Associates is taking a stake in pet food manufacturer
Mid America Pet Food, LLC from private equity firm
Trinity Hunt Partners. Green Bay Packers quarterback
Aaron Rodgers, is also joining TA as an investor in Mid America.
Mid America produces Victor Super Premium Pet Food. “Victor is a brand built on a foundation of quality and performance while delivering a common-sense value. The farm and feed customer was the first to recognize the superior quality of the product, and the brand continues to grow quickly in this important channel,” says TA managing director