News Category Global Banking & Finance Reviews
One80 Intermediaries Expands Online Platform for Hard to Place Risks With Acquisition of Commercial Insurance Group
One80 Intermediaries Expands Online Platform for Hard to Place Risks With Acquisition of Commercial Insurance Group
BOSTON, Jan. 12, 2021 One80 Intermediaries (One80), a national wholesale broker, program manager, third-party administrator (TPA), and insurance aggregator headquartered in Boston, today announced that it has acquired Commercial Insurance Group, LLC and its affiliates; Strategic Insurance Agency, and Bigfoot Insurance, its market leading proprietary online platform. Commercial Insurance Group (CIG) is a Colorado Springs-based wholesale broker and Managing General Agent that specializes in California homeowners insurance as well as high risk property, casualty and package business. Terms of the deal were not disclosed.
A fast-growing, Colorado Springs-based dental practice group expects that growth to accelerate even more thanks to a major investment by a Los Angeles-based private equity investment firm.
Varsity Healthcare Partners declined to say how much it invested in Peak Dental Services, but Varsity says on its website that it makes investments of $10 million to $60 million in medical and other health care providers, payers and service providers. Started in 2008 by now-CEO A.J. Peak with plans to consolidate dental practices, Peak Dental owns or operates 35 dental practices with 65 dentists and 400 employees in Colorado. Historically, we have acquired and started new practices and we plan to accelerate that with 12 to 15 practices a year, Peak said. The dental industry is consolidating much like other parts of the health care market. Our goal is to keep or accelerate the pace of our expansion. We could expand to 50 to 60 practices in Colorado, but we need to go out of state and are making
After a year like 2020, it feels weird to feel optimistic about what’s to come with music. It kind of feels like we have to whisper about concerts coming back and tiptoe around the idea of maybe standing in a sea of people in front of a stage.
But I want to feel optimistic anyway. I miss standing next to strangers in a grungy space or fancy room while we nod our heads along to a really good song. I just miss it. And now that it’s 2021, and even though we don’t know what’s going to happen, I hope this year holds some version of that experience.
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