February 16, 2025

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Business is my step

MarshBerry Serves As Economical Advisor In The Development Of Oakbridge Insurance policies Agency

2 min read

WOODMERE, Ohio, Jan. 4, 2021 /PRNewswire/ — Marsh, Berry & Business (“MarshBerry”) is very pleased to have served as the investment banking and consulting firm to 4 of Georgia’s premier insurance plan brokers, Founders Insurance plan, Hutchinson Traylor Insurance policy, McGinty-Gordon & Associates, and Waites & Foshee, as they blend to form Oakbridge Coverage Agency (“Oakbridge”).  The transaction closed on December 31, 2020.

The four companies have partnered to produce Oakbridge which is now just one of the premier privately-owned Insurance policies, Surety, Danger Management and Employee Added benefits companies in the Southeast as properly as turning out to be a single of the country’s “Leading 100” businesses as ranked by Business Insurance policy. As section of the transaction Corsair Cash, LLC, has produced a strategic investment in Oakbridge.  In addition, marketplace veteran Robbie Smith, has been named as the Chief Government Officer of the recently fashioned business.

“We are honored to have been the expense banking organization brokering this considerable transaction,” stated Phil Trem, President – Economical Advisory of Marsh, Berry & Business. “It is terrific to see firms that share consumer-centered philosophies continue on to try to enrich their neighborhood strategies and occur collectively to extend their advancement options to make benefit for their consumers. We assistance Oakbridge and are excited to adhere to its undoubtedly vibrant future.”

MarshBerry is no stranger to transactions that deliver with each other various independent agencies as this is the third transaction of this mother nature in the very last 6 yrs. Oakbridge joins Patriot Advancement Coverage Solutions, LLC (“Patriot”) and Alera Team, Inc. (“Alera”) as massive, multi-company transactions MarshBerry has aided develop. MarshBerry is an business leader in sourcing and valuing corporations, brokering unique transactions and aiding in vetting money resources.&#13

Terms of the transaction have been not disclosed.

About MarshBerry
Started in 1981, MarshBerry serves the Insurance coverage Brokerage sector, like coverage brokers & brokers, specialty distributors, personal fairness companies, banks & credit unions and insurance policies carries, by way of field-distinct services that involve: Merger & Acquisition Advisory, Financial debt & Equity Funds Boosting, Natural Development Consulting, Mental Capital and Connect–Peer Trade Community. Find out far more www.MarshBerry.com.

*Expenditure banking products and services presented as a result of MarshBerry Cash, Inc., Member FINRA and SIPC, and an affiliate of Marsh, Berry & Co., Inc.

Call:
Lauren Byers, Vice President – Marketing and advertising
Cellphone:  440.392.6546
Electronic mail:  [email protected]

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Source MarshBerry

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