Venbrook . This structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, strong cash flow, and capital appreciation for the companies and investment partners we serve. Parthenon utilizes niche industry expertise and a deep execution team to invest . Kimberly Bartok, NationalPublic Relations Leader,kim.bartok@rsmus.com,212.372.1239 Visit ePay for easy online payments. Tel: 818.598.8900 Andrew Dodson is a Managing Partner of Parthenon Capital and is a member of the firm's Investment Committee. Parthenon seeks to be an active and aligned partner to management, either through . Were incredibly proud of our wealth management team and their accomplishments over the past two decades, said Joe Adams, managing partner & CEO at RSM. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. RALEIGH, N.C., June 30, 2022 /PRNewswire/ -- Cherry Bekaert ("the Firm") is pleased to announce Parthenon Capital ("Parthenon"), a leading growth-oriented private equity firm, has made a strategic . We provide specialized Surety expertise for License and Permit Bonds,Probate and Court Bonds. Find the right options for logistic providers. For more information, visit rsmus.com, like us onFacebook, follow us onTwitterand/or connect with us onLinkedIn. Andreia DeVries,National Public Relations Manager,andreia.devries@rsmus.com,954.449.8096 OneSource is a third party administrator (TPA) offering claims management and risk consultancy solutions. 6320 Canoga Avenue, 12th Floor These customized programs and solutions have given our clients a competitive edge and established us as a prominent force in risk management and insurance broking. Media and Press Release Inquiries: Erika Magana Vice-President, Marketing and Communications 818-598-8900 Follow our community: LinkedIn - www.linkedin.com/company/venbrook Facebook - www.facebook.com/venbrook A Venbrook representative confirmed that the deal with the former AmWins owner had. Tel: 847.598.3677 Parthenon Capital has made a number of investments in the sector and formerly held stakes in wholesale giant AmWINS and expansive retail broker Relation. From residential life to campus security, to operations and intellectual property, we make sure you are fully prepared. Glassdoor gives you an inside look at what it's like to work at Parthenon Capital Partners, including salaries, reviews, office photos, and more. The deal, subject to regulatory approval, will see Parthenon Capital invest in . We service the creative industry, offering risk management, from production companies and distributors to performers, post-production, and intellectual property. RD Parisi complements Venbrooks already robust employee benefits division and expands Venbrooks presence on the East Coast. We cater to both staff and owners in the hotel and hospitality industry, programs that include Business Property, Workers' Compensation, Business Liability, Business Crime, Guests' Property Coverage and other guests' related risks. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. Venbrook has a stellar team starting with Jason., Venbrook has an outstanding industry reputation and leadership team. DMA was advised on the transaction by Waller Helms Advisors. Fax: 858.764.7501, 16815 Von Karman Avenue, Suite 180 Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 Led by recognized industry leaders, we understand the concerns of trucking companies (including bulk and hazardous), long-haul, remediation, environmental, energy and waste. Certain executives have received compensation for their services to Parthenon portfolio companies, including equity grants, profits interests, board of directors fees, consulting fees and other advisory fees, as well as co-investment opportunities. Use this form to send an email directly to a Parthenon team member. In addition to its Woodland Hills, Los Angeles headquarters, Venbrook has San Diego and Orange County offices in California, a Schaumburg, Illinois office, and offices in Pennsylvania, New Jersey and Washington. Maven Capital Partners has sold its stake in Titan Wealth Holdings to US private equity house Parthenon Capital. Use this form to send an email directly to a Parthenon team member. We are committed to maintaining a safe and healthy workplace for our employees and our clients. Go WE PROVIDE UNIQUE SOLUTIONS AND EXPERTISE IN EVERY MARKET AUTOMOTIVE Our highly select group of independent brokers can help you obtain liability coverage for commercial-class vehicles. At Trilogy, Andrew focused primarily in business development, establishing partnerships to spur growth for one of Trilogys subsidiaries. Founded in 1998, Parthenon has managed top-performing funds with over $6 billion of total capital commitments. Supporting our clients to address, analyse, and prepare for the challenges facing today's leading institutions. San Diego, CA 92130 Whether you are a property manager, real estate agent/broker, lawyer, architect/engineer, or consultant, discover how we can tailor a solution for you. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. LOS ANGELES,Dec. 1, 2021/PRNewswire/ --Venbrook Group, LLC ("Venbrook"), one of the largest independent insurance distribution and services firms in the U.S., today announced the acquisition ofInterContinental Insurance Brokers, LLC ("IIB"), a full-service property and casualty insurance brokerage and risk management firm headquartered inBoston, MA. According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. Parthenon is currently investing out of Parthenon Fund VI, a $2.3 billion fund. Parthenon seeks to be an active and aligned partner to management, either through . Fax: 818.598.8910, 11512 El Camino Real, Suite 120 Tel: 973-243-5500 Visit us online at www.venbrook.com/insightsfor regular updates. IIB is a perfect complement and accelerant to our growing suite of nationwide commercial real estate risk management services.". Venbrook Insurance Services LLC. Our mission is to be the most creative, entrepreneurial and trusted full-service insurance firm Retail, Wholesale & Direct providing consistent value to our clients, employees, stakeholders and the communities in which we live and work. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. He is an active investor in business services, financial services, insurance, software, and technology. Manalapan, NJ 07726 Venbrook and Parthenon could not be reached for comment on this article. The acquisition comes amid a period of rapid expansion after Venbrook partnered with private equity firm Parthenon Capital last year. Field Value; Last updated: February 22, 2023: Created: February 22, 2023: Format: PDF: : Other (Public Domain) created: 7 days ago: format: PDF: has views . Tel: 800.449.9555 My team and I will continue to provide the same customer-centric service they have come to know and trust from IIB over the last three decades. West Orange, NJ 07052 Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Venbrook continues to build partnerships to expand its insurance platform while continuing to invest in its infrastructure and talent. Description. IIB has a 30+ year history of providing best-in-class insurance and risk management services to commercial real estate and high net worth personal lines clients. Parthenon Capital is a leading mid-market private equity firm with offices in Boston, San Francisco and Austin. The private equity firm said in a Monday (Feb. 13) press release that it has entered into a definitive agreement to acquire . CHICAGO (January 4, 2022)RSM US LLP (RSM), the nations leading provider of audit, tax and consulting services focused on the middle market, and Parthenon Capital (Parthenon), a leading growth-oriented private equity firm, today announced they have entered into an agreement for Parthenon to acquire RSM US Wealth Management LLC and rename it Choreo, LLC, with Choreo as its new brand. Save Search . Inside P&C is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Book a call with a member of the team to discuss your subscription options, InsurTech Vesttoo lures Howden Tigers Cheney, Need to Know: Tesla Insurance, Ryan E&O claim, Fidelis pre-IPO filing, Inver Re appoints MS Amlins Thomas as global head of property reinsurance, Amwins hires former Howden director Herrera as SVP, Ryan Specialty records $117mn consideration in Griffin Underwriting deal, Gain your competitive advantage with Inside P&C. "Venbrook has built an outstanding culture and reputation that aligns perfectly with IIB's approach to providing clients with superior service and risk management solutions. Furthermore, clients can continue to receive tax and other services from RSM US LLP. Their most recent diversity investment was on Oct 16, 2019, when DaySmart Software raised Parthenon Capital Partners has had 18 exits. We take pride in our services and aim to add value by helping to improve transparency, trust and consistency of our business practices. The acquisition comes amid a period of rapid expansion after Venbrook partnered with private equity firm Parthenon Capital last year. Search Crunchbase. Do Not Sell or Share My Personal Information (California). Venbrook targets wholesale expansion after fundraise. Anthony earned his B.A. Our highly select group of independent brokers can help you obtain liability coverage for commercial-class vehicles. In Venbrook'sfirst 10 years, we grew threefold, while providing a full range of services to organizations both large and small. RSM US Wealth Management LLC is a limited liability company that provides investment advisory services, financial planning, and other wealth management services to individuals and businesses. Andrew is located in San Francisco and is Head of the San Francisco office. Anthony Orazio joined Parthenon Capital in 2014 and is a Partner in the firms Boston office. Media and Press Release Inquiries:Erika MaganaVice-President, Marketing and Communications818-598-8900, Follow our community:LinkedInwww.linkedin.com/company/venbrookFacebook www.facebook.com/venbrookTwitter www.twitter.com/venbrook. Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. Tel: 818.598.8900 Parthenon utilizes niche industry expertise and a deep execution team to invest. Latest Venbrook. Past performance is not indicative of future performance. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International. Woodland Hills, CA 91367 Serving a diverse array of clients ranging from publicly traded REITs to privately held large-scale multifamily housing portfolios, IIB will further enhance Venbrook's deep expertise in commercial real estate, including its proprietary real estate-focused specialty programs. Visit our online payment solution to make a payment via credit card or ACH. A wave of private equity, venture capital and hedge funds have targeted the payments sector in the past couple years and the surge in money directed at startup . "Tom and his team at IIB have built an exceptional business by executing on simple fundamental principles: superb client value delivered through relationships built on trust. Fax: 858.764.7501, 16815 Von Karman Avenue, Suite 180 At the time it said it was targeting what it saw as opportunities for further consolidation in the wholesale space, and to build out its MGA platform. minimum capital and contributed surplus required of an insurance The firm prefers to invest in middle-market companies operating in the business products, business services, financial services, energy, information technology, healthcare, and cybersecurity sectors. Parthenon Capital provides capital and strategic resources to growth companies in our three core sectors: financial services, healthcare services and business services. Jason D. Turner is the Founder, President, and Chief Executive Officer of Venbrook Group, LLC. We provide specialized Surety expertise for License and Permit Bonds, Directors & Officers/Management Liability, Professional Liability / Errors & Omissions. Benefits America Insurance Services, LLC. "We could not be more thrilled to join the Venbrook team through this transformative partnership," saidThomas E. Sleeper, IIB's founder who will continue to lead IIB's business and become Managing Director, Venbrook Insurance Services Northeast Real Estate. From tailoring comprehensive insurance policy packages to their aggressive hands-on strategy with successfully settling claims on behalf of clients, IIB's approach to client service aligns completely with Venbrook's. Prior to joining Parthenon, Anthony was an investment professional at Oak Hill Capital Partners, where he worked in the business & financial services industry group. We are pleased to continue to support that plan with these acquisitions and remain extremely optimistic about Venbrooks growth trajectory.. No executive was compensated directly for their testimonial. We embrace new thinking and technology to create opportunities that add value for our stakeholders. Subdivision Bonds andCommercial Bonds. Chief Information Officer Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. Vest, ICD, loanDepot, Millennium Trust, Relation, ScentAir, Seaside National Bank & Trust, Venbrook and Wildlands. We appreciate the trust you place in us. According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. In these changing times, we have remained decidedly old school, with service at a customers fingertips and always with a human touch. The technology landscape is ever-changing. If you are a subscriber, please sign back in to read this article Our investments include businesses that provide financial software and analytics, outsourcing services, insurance distribution, asset management, specialty lending, accounts receivable and collections, mortgage services and employee benefits. Since partnering with Parthenon Capital, a leading growth-oriented private equity firm, in 2020, the company has experienced a year of rapid growth and completed multiple acquisitions. Parthenon utilizes niche industry expertise and a deep. Parthenon Capital LLC. While at Bain, he focused on mergers and acquisitions, cost control, and corporate strategy for middle market technology companies. V-Ventures offers highly affordable turnkey insurance products leveraging technology and a deep understanding of vertical markets. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. LinkedIn, Justin Slaten RALEIGH, N.C., June 30, 2022 /PRNewswire/ -- Cherry Bekaert ("the Firm") is pleased to announce Parthenon Capital ("Parthenon"), a leading growth-oriented private equity . A Venbrook representative confirmed that the deal with the former AmWins owner had taken place but disclosed no further details. The Company invests in business services, financial, healthcare, distribution, and technology companies. Deep expertise is needed to navigate the ever changing healthcare landscape. In this role, he structured multiyear swaps with companies in multiple industries to hedge their energy exposure. Parthenon Capital 2022 - Present1 year Boston, MA U.S. Tel: 847.598.3677 All rights reserved. Venbrooks solutions and the specialized programs we develop, provide risk-management ideas that empower institutions to minimize uncertainty, protect their assets, and optimize profitability. RSM US Wealth Management LLC is an SEC-registered investment adviser. BirchSokak Sistemleri > Basn yaynlar > BirchStreet Systems, Parthenon Capital'den Yatrm Duyurdu. Fax: 818.598.8910, 1320 Tower Road, Suite 149 We can identify potential exposures in both the tech and IT world, including cybercrime, communications, the cloud, and specialty coverages. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Mar 02, 2014. Parthenon Capital 399 Boylston Street, 13th Floor, Boston, Massachusetts 02116 United States (617) 960-4000 www.parthenoncapital.com info@parthenoncapital.com Profile M&A Activity (90) Portfolio (64) Team (22) Offices (3) M&A Connections (43) M&A Advisors (11) Analytics Our enterprise risk management approach can separate you from your competition, enabling you to seize opportunities that others miss. Fax: 818.598.8910, 1320 Tower Road, Suite 149 It has utilized debt financing previously on acquisitions, including a $42mn capital raise from New York Life subsidiary Madison Capital Funding in 2016 when it bought New Jersey-based wholesale broker and MGA Brooks Insurance Group. With Parthenon's ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth." 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