Huron Capital s High Street Insurance Partners Announces Acquisition of Vested Risk Strategies
ExecFactor® Initiative Deepens Depth and Expertise Across Michigan
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DETROIT, Feb. 2, 2021 /PRNewswire/ Leading lower-middle-market private equity firm Huron Capital announced today that its full-service insurance brokerage platform, High Street Insurance Partners ( HSIP ), has acquired Vested Risk Strategies, Inc ( Vested ).
Hillsdale, Michigan-based Vested Risk is a full-service insurance agency. Founded in 1928, the company changed its name to Vested Risk Strategies in 2017, as the firm shifted its focus to offer a holistic and collaborative perspective on risk. We are incredibly proud of what we have built over our 90 years of service, said Vested President Chris Sumnar. Our partnership with HSIP gives us the opportunity to expand our offerings, while increasing the depth of our team and becoming a part of one of the fa
High Street Insurance Partners Acquires Vested Risk Strategies in Michigan February 2, 2021
High Street Insurance Partners (HSIP), a full-service insurance brokerage platform of the private equity firm, Huron Capital, has acquired Vested Risk Strategies Inc. (Vested), based in Hillsdale, Michigan.
Founded in 1928, the full-service insurance agency changed its name to Vested Risk Strategies in 2017, as the firm shifted its focus to offer a holistic and collaborative perspective on risk.
Vested specializes in alternative risk financing arrangements including captive insurance programs. Vested works to help its clients turn their insurance and risk management programs into a competitive advantage and profit center.
HSIP, an ExecFactor platform formed in August 2018 to build a full-service insurance brokerage business, has now completed 18 acquisitions since its formation and continues to pursue add-on acquisitions in the insurance agency market.