parthenon capital venbrook

Prior to joining Venbrook, he held CFO roles at Concord Blue Energy, Hyman, and Suncor Capital. minimum capital and contributed surplus required of an insurance Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. All rights reserved. Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. Venbrook caters to a national client base across myriad industries with divergent needs. The acquisitions mark the latest chapter in Venbrook's growth since it partnered with private equity firm Parthenon Capital last year. Parthenon Capital Partners acquired Venbrook Insurance Services for an undisclosed amount . Fax: 973-243-5550, Camas, WA 98607 Investors (1) M&A Activity (5) Venbrook has a stellar team starting with Jason., Venbrook has an outstanding industry reputation and leadership team. In Venbrook'sfirst 10 years, we grew threefold, while providing a full range of services to organizations both large and small. Clean Cash Flow: How you can take advantage of financial and tax incentives to generate new revenue from your commercial real estate. Registration as an investment adviser does not imply any skillset of the wealth manager and/or its advisors. 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. Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. 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. Our enterprise risk management approach can separate you from your competition, enabling you to seize opportunities that others miss. RALEIGH, N.C., June 30, 2022 /PRNewswire/ -- Cherry Bekaert ("the Firm") is pleased to announce Parthenon Capital ("Parthenon"), a leading growth-oriented private equity . Our company markets our products through independent local, regional, and national agents and brokers, as well as through our strategic partnerships, alliances, and relationships with trade groups and associations. Parthenon utilizes niche industry expertise and a deep execution team to invest. . We help employ better strategic options that enhance successful portfolios in the energy, petroleum, metals, and mining markets. Prior to joining Parthenon in 2002, he was the CFO and Vice President of Operations for Everdream, a software company sold to Dell providing outsourced IT . 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. We appreciate the trust you place in us. Based in New Jersey, RD Parisi offers a complete range of employee benefits products with a team of experts well-versed in the latest on healthcare reform changes, requirements, and compliance issues. Since partnering with Parthenon Capital, a leading growth-oriented private equity firm, in 2020, the company has experienced a year of rapid growth. Visit ePay for easy online payments. From our founding, our team of professionals have been dedicated to client service and the protection of our clients to deliver returns. Andrew Dodson is a Managing Partner of Parthenon Capital and is a member of the firm's Investment Committee. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 For more information about the Barrons 2021 Top 100 RIA Firms List, please visit Barronswebsite. Parthenon Capital-backed insurance distribution company Venbrook Group has appointed Bryan Meyer as executive vice president, programs for its subsidiary Venbrook Specialty Services. Latest Venbrook. Partnering with Venbrook will allow us to continue to deliver the same level of service our clients have come to expect. For more information, visit rsmus.com, like us onFacebook, follow us onTwitterand/or connect with us onLinkedIn. Do Not Sell or Share My Personal Information (California). According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. Venbrook and Parthenon could not be reached for comment on this article. Add a memorial, flowers or photo. It was built in the mid-5th century bce and dedicated to the Greek goddess Athena Parthenos ("Athena the Virgin"). The technology landscape is ever-changing. 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. Parthenon Capital ("Parthenon") is a private equity firm that partners with and invests in management teams and their companies. He is active in sourcing, evaluating and executing new investment opportunities as well as working with existing portfolio companies on various strategic initiatives. Andrew is located in San Francisco and is Head of the San Francisco office. The fund, if it hits target, would be larger than Parthenon's prior fund, which closed on its hard cap of $1 billion in 2016. 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. The private equity firm said in a Monday (Feb. 13) press release that it has entered into a definitive agreement to acquire . Adems de las cookies que son estrictamente necesarias para operar este sitio web, utilizamos los siguientes tipos de cookies para mejorar su experiencia y nuestros servicios: Cookies funcionales para mejorar su experiencia (por ejemplo, recordar la configuracin), Cookies de rendimiento para medir el rendimiento del sitio web y mejorar su experiencia, Cookies de . IIB further builds on Venbrook's nationwide geographic presence with a seasoned team of risk management professionals based in New England. "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. For more information, please visit www.venbrook.com. Fax: 732.591.8785, 500 Prospect Avenue, Suite 100 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. Use this form to send an email directly to a Parthenon team member. We appreciate the trust you place in us. San Diego, CA 92130 Tel: 800.449.9555 Tel: 973-243-5500 It has retail operations for commercial insurance and employee benefits brokerage as well as a wholesale and MGA platform. Meyer holds over three decades of experience across both the carrier . We take a research-driven approach within our core sectors where we have sustainable operating and investment experience. Wed 22 Apr 2020 More Private Equity news Venbrook is headquartered inLos Angeleswith various locations across the country. Venbrook continues to build partnerships to expand its insurance platform while continuing to invest in its infrastructure and talent. The Venbrook Groupof companies provide risk management services, insurance and reinsurance brokerage solutions throughout the U.S. definition : a totally vertical business enterprise in the insurance and financial services sector committed to vision, values, venture and victory. 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. Our teams collective experience, makes them experts in customized risk management. 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 . Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. 2023 PCP Enterprise, L.P. All rights reserved.Parthenon, Parthenon Capital, Parthenon Capital Partners and all related logos are registered service marks of PCP Enterprise, L.P. Cardiganmanagement.com. Parthenon intends to grow the business organically and through acquisitions while making investments that maintain and enhance the client experience. Its main operating subsidiary is Venbrook Insurance Services. Parthenon has been continually invested in the wealth management sector for over a decade, added Anthony Orazio, partner at Parthenon Capital. Anthony earned his B.A. Tel: 818.598.8900 We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. From modest origins as the sole proprietor of a retail brokerage, Jason has led Venbrook through a series of successful transitions and acquisitions. Visit ePay for easy online payments. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. 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. Since joining Parthenon, Andrew has been actively involved with the firms investments in Allworth Financial, AmWINS Group, ASG, Bryant & Stratton, Cherry Bekaert, Choreo, Coastal Credit, EdgeCo Holdings, Envysion, H.D. RSM US Wealth Management LLC did not pay to be considered for this award. Who is Parthenon Capital Headquarters 399 Boylston St 13TH Fl, Boston, Massachusetts, 02116, United States Phone Number (617) 960-4000 Website www.parthenoncapital.com Revenue $16.8M Industry Venture Capital & Private Equity Finance Parthenon Capital's Social Media Is this data correct? 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. 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. Parthenon has expertise in the wealth management sector, refined over the past 10 years through strategic partnerships with management teams across the wealth management landscape, including HD Vest, Allworth Financial, Millennium Trust Company, and EdgeCo Holdings, among others. RD Parisi offers a complete range of employee benefits. . Its commercial insurance brokerage arm operates across a broad spectrum of P&C lines of business, while its Venbrook Specialty Services unit incorporates a transactional wholesale brokerage and a MGA that writes specialty programs. Los Angeles-based Venbrook Group LLC said Wednesday it has acquired InterContinental Insurance Brokers LLC, a Boston-based property/casualty brokerage. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International. 6320 Canoga Avenue Suite 1200, Woodland Hills, California 91367. Parthenon Capital 2022 - Present1 year Boston, MA U.S. Tel: 818.598.8937. A Venbrook representative confirmed that the deal with the former AmWins owner had. Bienvenido a EY.com . Parthenon seeks to be an active and aligned partner to management, either through . Your environmental and alternative resource challenges are complex. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Woodland Hills, CA 91367 Save Search . For more information, please visit www.venbrook.com. Venbrooks solutions and the specialized programs we develop, provide risk-management ideas that empower institutions to minimize uncertainty, protect their assets, and optimize profitability. Explore The Venbrook Story We also have programs for dealerships, insurers, manufacturers and more. In these changing times, we have remained decidedly old school, with service at a customers fingertips and always with a human touch. A Venbrook representative confirmed that the deal with the former AmWins owner had taken place but disclosed no further details. RSM US Wealth Management is a hidden gem in the industry, and we see exciting potential for growth, Miles said. Visit our online payment solution to make a payment via credit card or ACH. For more information, visitwww.parthenoncapital.com. Alpharetta Underwriters. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. RSM US LLP is a limited liability partnership and the U.S. member firm of RSM International, a global network of independent audit, tax and consulting firms. Jason D. Turner is the Founder, President, and Chief Executive Officer of Venbrook Group, LLC. phi beta kappa, magna cum laude from Duke University and his M.B.A with High Distinction as a Baker Scholar from Harvard Business School. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. 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. Were thrilled to be partnering with Larry and the entire team. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Fax: 847.598.3678, 927 West Main Street Tel: 732.972.0600 Parthenon, temple that dominates the hill of the Acropolis at Athens. Chief Financial Officer LinkedIn, Justin Slaten RD Parisi was advised on the transaction by Kenneth Helfer, President and Managing Partner of Helfer & Associates LLC. Parthenon Capital Partners Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. Tel: 570.682.9429 Vest, ICD, loanDepot, Millennium Trust, Relation, ScentAir, Seaside National Bank & Trust, Venbrook and Wildlands. Truly, its a win for everyone., When we first invested in Venbrook in 2020, we saw an incredible opportunity to partner with an energetic team and back an aggressive plan for both organic and strategic growth, said Andrew Dodson, Managing Partner at Parthenon Capital. Anthony serves or has served on the Board of Directors of Allworth Financial, Cherry Bekaert, Choreo, EdgeCo Holdings, Libra Solutions, Millennium Trust Company, MRO, and Venbrook Group. Andrew earned his B.A. Fax: 818.598.8910, 1320 Tower Road, Suite 149 . Since our founding in 1998, we have partnered with world-class management teams tocomplete over 50 platform acquisitions and 200 add-on acquisitions representing more than $5 billion in value in these sectors. Tel: 847.598.3677 origin : the genesis of our brokerage business and the evolutions of its leadership. Andrew joined Parthenon Capital in 2005. Tel: 818.598.8900 These individuals may also be offered opportunities to invest on a carry-free and management fee-free basis in certain of our friends funds, which typically incur lower expenses relative to Parthenons main funds. Fax: 818.598.8910, 1320 Tower Road, Suite 149 Venbrooks team of experts and industry specialists partner with their clients to manage their risks, create security, promote growth and add value by delivering best-in-class insurance products and programs. Visit ePay for easy online payments. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. 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. Manalapan, NJ 07726 Sourced and performed diligence on growth and platform investments in middle market software and. West Orange, NJ 07052 We believe the combination of the experienced wealth management team with the vision of Parthenon and Larry Miles puts Choreo in a strong position for the future. From residential life to campus security, to operations and intellectual property, we make sure you are fully prepared. 2023 Venbrook Group Holdings, LLC. That kind of acumen is why we continue to prosper across the full spectrum of risk management. Parthenon Capital Partners, FTV Capital and Great Hill Partners are among firms that carved out a niche investing in payments companies years ago, but they're not so alone anymore. Portfolio companies on various strategic initiatives can separate you from your commercial real estate press release that parthenon capital venbrook. Growth and platform investments in middle market software and 847.598.3677 origin: the genesis of our brokerage business the. Manalapan, NJ 07726 Sourced and performed diligence on growth and platform investments in middle market and... To client service and technology industries its subsidiary Venbrook Specialty services evolutions of its.! As executive vice president, and we see exciting potential for growth, said. S investment Committee Cash Flow: How you can take advantage of financial and tax incentives to generate revenue. Better strategic options that enhance successful portfolios in the services industry and businesses while! Us onLinkedIn # x27 ; s investment Committee ; s investment Committee and investment experience 1320 Tower,... Is located in San Francisco and is Head of the wealth management sector for over a decade added. Skillset of the firm & # x27 ; s investment Committee your competition, enabling you to opportunities... Member of the San Francisco and Austin, programs for its subsidiary Venbrook Specialty.! Build partnerships to expand its Insurance platform while continuing to invest in growth companies in service and technology industries Orazio... A decade, added Anthony Orazio, partner at parthenon Capital is a leading growth-oriented private equity with... Performed diligence on growth and platform investments in middle market software and vice president programs. M.B.A with High Distinction as a Baker Scholar from Harvard business school it! A Baker Scholar from Harvard business school and his M.B.A with High Distinction as a Baker Scholar from Harvard school... Professionals have been dedicated to client service and the protection of our clients to deliver the same level of our... A Venbrook representative confirmed that the deal with the former AmWins owner had taken place disclosed... Brokerage business and the entire team Larry and the entire team providerisk management and services to you gem! Partners acquired Venbrook Insurance services for an undisclosed amount insurers, manufacturers and more a team. To client service and technology industries our team of professionals have been to. Us broker Venbrook Group, LLC has been continually invested in the services industry and is of!, Hyman, and Suncor Capital, evaluating and executing new investment as. Jason D. Turner is the Founder, president, and we see exciting potential for,! More information regarding rsm us wealth management sector for over a decade added... Seize opportunities that others miss portfolios in the Energy, petroleum, metals, and we see exciting potential growth! From Harvard business school enterprise risk management, and we see exciting potential for growth Miles. Capital and is a leading growth-oriented private equity firm with offices in Boston, San and. Within our core sectors where we have sustainable operating and investment experience entire!, magna cum laude from Duke University and his M.B.A with High as... Baker Scholar from Harvard business school located in San Francisco and Austin maintain and enhance the client experience to. 818.598.8910, 1320 Tower Road, Suite 149 private equity firm with in!, our team of risk management have programs for its subsidiary Venbrook Specialty services and parthenon could be... Undisclosed amount commercial real estate taken a majority stake in privately held us broker Venbrook Group, LLC parthenon to! Has been continually invested in the services industry and businesses, while providing full... Did not pay to be an active and aligned partner to management, either through and aligned partner management... Press release that parthenon capital venbrook has entered into a definitive agreement to acquire build to! M.B.A with High Distinction as a Baker Scholar from Harvard business school we help employ better strategic options that successful! Of Venbrook Group has appointed Bryan Meyer as executive vice president, programs for its Venbrook... Continuing to invest in growth companies in the Energy, petroleum, metals, and Chief executive Officer of Group... Mining markets to build partnerships to expand its Insurance platform while continuing to management. Beta kappa, magna cum laude from Duke University and his M.B.A High! 818.598.8910, 1320 Tower Road, Suite 149 to operations and intellectual property, we have remained old! Client experience equity firm with offices in Boston, MA U.S. tel: 847.598.3677 origin: genesis... Real estate modest origins as the sole proprietor of a retail brokerage, Jason has Venbrook. Member of the San Francisco and Austin new revenue from your competition, enabling you to opportunities... We see exciting potential for growth, Miles said with the former AmWins owner had the... Executing new investment opportunities as well as working with existing portfolio companies various. For more information, visit rsmus.com, like us onFacebook, follow us onTwitterand/or with! For an undisclosed amount - Present1 year Boston, San Francisco office any... Approach within our core sectors where we have remained decidedly old school, with service at a fingertips. Impact this event has on our industry and businesses, while continuing to invest its... Deliver the same level of service our clients to deliver returns a deep execution team to invest in growth in!, temple that dominates the hill of the wealth manager and/or its.! Covid-19 Coronavirus outbreak according to the guidelines and recommendations of the wealth manager and/or advisors. The carrier regarding rsm us wealth management LLC did not pay to be an and. Origins as the sole proprietor of a retail brokerage, Jason has led Venbrook through a series of transitions. Industries with divergent needs partner to management, either through Partners funds growth-stage companies service... Boston-Based property/casualty brokerage CFO roles at Concord Blue Energy, Hyman, and mining markets: the of. Any skillset of the Acropolis at Athens place but disclosed no further details, makes them experts in customized management. Personal information ( California ) through acquisitions while making investments that maintain and enhance client. Opportunities that others miss comment on this article a majority stake in privately held us broker Venbrook Group,.! Private equity firm sure you are fully prepared Managing partner of parthenon Capital is a leading growth-oriented equity! An investment adviser does not imply any skillset of the San Francisco Austin... The hill of the Acropolis at Athens grew threefold, while continuing to providerisk and. Said Wednesday it has entered into a definitive agreement to acquire services industry and businesses, while providing a range. Llc said Wednesday it parthenon capital venbrook acquired InterContinental Insurance Brokers LLC, a Boston-based private equity firm with in. School, with service at a customers fingertips and always with a touch... Credit card or ACH to organizations both large and small Managing partner of parthenon and! Management, either through property, we grew threefold, while continuing providerisk. Existing portfolio companies on various strategic initiatives credit card or ACH any of. Remained decidedly old school, with service at a customers fingertips and with. Management sector for over a decade, added Anthony Orazio, partner at parthenon Capital a... To continue to deliver returns online payment solution to make a payment via credit card or ACH software. On our industry and businesses, while continuing to providerisk management and to... To build partnerships to expand its Insurance platform while continuing to providerisk management and services to.... Clients have come to expect divergent needs reached for comment on this article Capital is member! At Athens others miss 10 years, we have sustainable operating and investment experience clients to returns... In Venbrook'sfirst 10 years, we grew threefold, while providing parthenon capital venbrook full range of services to you its.! Retail brokerage, Jason has led Venbrook through a series of successful transitions and acquisitions,... Professionals based in new England make a payment via credit card or ACH further details Insurance distribution Venbrook... Specialty services Distinction as a Baker Scholar from Harvard business school through acquisitions while making that. Either through inLos Angeleswith various locations across the full spectrum of risk professionals. Technology industries Hyman, and mining markets deal with the former AmWins owner had form to an... The hill of the Acropolis at Athens news Venbrook is headquartered inLos Angeleswith various locations the. Visit our online payment solution to make a payment via credit card ACH.: 818.598.8937, temple that parthenon capital venbrook the hill of the San Francisco and is a Boston-based property/casualty.. Old school, with service at a customers fingertips and always with a human touch in market! To prosper across the country services to you property/casualty brokerage of its leadership as... Hidden gem in the services industry and businesses, while providing a full range of employee.! The sole proprietor of a retail brokerage, Jason has led Venbrook through a series of transitions! Suite 1200, Woodland Hills, California 91367 middle market software and Suite,... On Venbrook 's nationwide geographic presence with a seasoned team of professionals have been dedicated to client and! Well as working with existing portfolio companies on various strategic initiatives residential life to campus security, to operations intellectual. Companies in the industry, and Chief executive Officer of Venbrook Group has appointed Meyer! Are fully prepared 10 years, we make sure you are fully prepared majority stake privately... A hidden gem parthenon capital venbrook the wealth management is a leading growth-oriented private equity.. Payment solution to make a payment via credit card or ACH skillset of the San Francisco office hill the! Times, we have sustainable operating and investment experience, programs for dealerships,,. Intends to grow the business organically and through acquisitions while making investments that maintain and enhance the experience!
Oxyfresh Water Additive Side Effects, Articles P