Andrew Dodson is a Managing Partner of Parthenon Capital and is a member of the firms Investment Committee. Los Angeles Venbrook Group, LLC (Venbrook), one of the largest independent insurance distribution and services firms in the U.S., announced today the acquisitions of RD Parisi Associates, Inc. (RD Parisi) and David Morse and Associates (DMA). Parthenon Capital is acquiring the gaming division of Global Payments.. Tel: 732.972.0600
Venbrook's latest partnership comes amidst a year of rapid expansion since partnering in 2020 with Parthenon Capital, a leading growth-oriented private equity firm. 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. Private equity firm Parthenon Capital . origin : the genesis of our brokerage business and the evolutions of its leadership. The acquisitions mark the latest chapter in Venbrook's growth since it partnered with private equity firm Parthenon Capital last year. Venbrook Group, LLC (Venbrook), one of the largest independent insurance distribution and services firms in the U.S., announced today the acquisition David Morse & Associates (DMA). Tel: 732.972.0600
Venbrook Group, a large independent insurance distribution and services firm in the US, has announced the appointment of Bryan Meyer as Executive Vice President, Programs for Venbrook Specialty Services, LLC, a wholly-owned subsidiary. Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. 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. We protect educational institutions. Schaumburg, IL 60173
Dave Scudder, RSM US Wealth Managements national leader, will transition to Choreo with the rest of the wealth management team and become Choreos Executive Vice President, Strategic Partnerships. United States, (818) 598-8900. www.venbrook.com. Woodland Hills, CA 91367
PE firm Parthenon buys into Venbrook at around 10x Ebitda Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. We are committed to maintaining a safe and healthy workplace for our employees and our clients. The deal values KBRA . Completion of the acquisition is expected in the first quarter of 2022, with a target date of Feb. 18, pending satisfaction of customary conditions. Partnering with Venbrook will allow us to continue to deliver the same level of service our clients have come to expect. RD Parisi offers a complete range of employee benefits. Manalapan, NJ 07726
IIB has provided insurance and risk management services to commercial real estate and high-net-worth personal lines clients for more than 30 years. We are leaders. 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 Managing all aspects of construction-related issues from planning for business continuity, to supply chain, and physical and operational risk. It was built in the mid-5th century bce and dedicated to the Greek goddess Athena Parthenos ("Athena the Virgin"). Since partnering with Parthenon Capital, a leading growth-oriented private equity firm, in 2020, the company has experienced a year of rapid growth. Chief Human Resources Officer
Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. Fax: 732.591.8785, 500 Prospect Avenue, Suite 100
. We believe Choreo is uniquely positioned to provide holistic, planning-centric financial advice to clients across the country, and that Larry is the ideal executive to lead Choreos continued strategic growth.. BirchSokak Sistemleri > Basn yaynlar > BirchStreet Systems, Parthenon Capital'den Yatrm Duyurdu. Visit us online at www.venbrook.com/insightsfor regular updates. Parthenon utilizes niche industry expertise and a deep.
Maven Capital Partners has sold its stake in Titan Wealth Holdings to US private equity house Parthenon Capital. In these changing times, we have remained decidedly old school, with service at a customers fingertips and always with a human touch. We are committed to maintaining a safe and healthy workplace for our employees and our clients. All rights reserved. 399 Boylston Street, 13th Floor Boston, MA 02116, Four Embarcadero Center, Suite 3610 San Francisco, CA 94111, 1400 Lavaca Street, Suite 1300 Austin, TX 78701.
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. Irvine, CA 92606
6320 Canoga Avenue, 12th Floor
Search the Kapelle French Military Cemetery cemetery located in Zeeland, Netherlands. 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. Prior to joining Parthenon, Anthony was an investment professional at Oak Hill Capital Partners, where he worked in the business & financial services industry group. From freight forwarders, cargo liability coverage, contingent cargo, warehouse legal liability, business interruption, and more. 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. Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. IIB further builds on Venbrook's nationwide geographic presence with a seasoned team of risk management professionals based in New England. Anthony earned his B.A. About EY-Parthenon | EY - Global About us Close search Trending Why Chief Marketing Officers should be central to every transformation 31 Jan 2023 Consulting The CEO Imperative: How will CEOs respond to a new recession reality? Fax: 570.682.9251, 70 Bridge Plaza Drive
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. Venbrook . Our experience includes investing in business process outsourcing, human capital management, payment processing, exchanges, distribution and logistics, security, government outsourcing, education and SaaS-based models. Venbrook Insurance Services Email | 818-598-8992 LinkedIn Sarah Novakovich Chief Operating Officer Venbrook Claims Services LinkedIn Rob Parisi President RD Parisi & Associates Email | 973-243-5500 LinkedIn Louis Pippin Chief Claims Officer Venbrook Claims Services Email | 877-467-4262 LinkedIn Jack Reddy Chief Human Resources Officer We can help you prepare for any uncertainties, with liability, property, and worker related products, claims, recalls, raw material suppliers, and equipment purchases or breakdowns. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. As risk managers, business advisors, and specialists we play a significant role in the operation of building business growth as it relates to navigating the insurance markets. The acquisition comes amid a period of rapid expansion after Venbrook partnered with private equity firm Parthenon Capital last year. Led by recognized industry leaders, we understand the concerns of trucking companies (including bulk and hazardous), long-haul, remediation, environmental, energy and waste. DMA further enhances Venbrook Claims Services divisions world-class suite of adjusting, investigation, subrogation, and claims administration services. Alpharetta Underwriters. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. Find related and similar companies as well as employees by title and much more.
30, 2022, 10:30 AM. The Company invests in business services, financial, healthcare, distribution, and technology companies. Clients will continue working with the same wealth management team they know and trust and will receive the same investment advisory, financial planning, and other wealth management services. VSS is a nationally recognized wholesale brokerage and managing general agency specializing in specialty insurance services.
Venbrook's 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. Tel: 570.682.9429
Andrew is located in San Francisco and is Head of the San Francisco office. Parthenon Capital Partners has made 42 investments. includes any.
Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Prior to joining Parthenon, Andrew was a Consultant with Bain & Co. Parthenon Capital, LLC operates as a private equity firm. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Given the complexity and inefficiency of the US healthcare system, innovative companies can have a huge impact on cost, quality and patient experience. Fax: 818.598.8910, 1320 Tower Road, Suite 149
Our highly select group of independent brokers can help you obtain liability coverage for commercial-class vehicles. 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. Tel: 818.598.8900
We are pleased to continue to support that plan with these acquisitions and remain extremely optimistic about Venbrooks growth trajectory.. 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. Tel: 973-243-5500
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. He is located in Austin and is Head of the Austin office. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. For more information, please visitwww.venbrook.com.
He is an active investor in business services, financial services, insurance, software, and technology. OneSource is a third party administrator (TPA) offering claims management and risk consultancy solutions. We look forward to building upon the culture that has contributed to a strong wealth management team, and were excited to drive growth that will create new opportunities for our professionals and unlock added value for clients. Woodland Hills, CA 91367
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. Fax: 818.598.8910, 1320 Tower Road, Suite 149
Manalapan, NJ 07726
Parthenon is currently investing out of Parthenon Fund VI, a $2.3 billion fund. Why it matters: Zelis aims to remove friction from transactions and simplify payment processes to drive more affordable . In this role, he structured multiyear swaps with companies in multiple industries to hedge their energy exposure. Although terms of the acquisition are not known, sources suggested the deal valued the Woodland Hills, California-based firm as high as $150mn and was based on a multiple of around 10x Ebitda. Founded in 1998, Parthenon has managed top-performing funds with over $6 billion of total capital commitments.
Glassdoor gives you an inside look at what it's like to work at Parthenon Capital Partners, including salaries, reviews, office photos, and more. Visit our online payment solution to make a payment via credit card or ACH. Venbrook caters to a national client base across myriad industries with divergent needs. We look forward to building upon this foundation, said Andrew Dodson, managing partner at Parthenon Capital. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. Find the right options for logistic providers. Insurance Insider 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, Inver Re appoints MS Amlins Thomas as global head of property reinsurance, Chubb Tempest Re promotes Ashley to lead international P&C reinsurance, Pen Underwriting promotes Breslin to MD of specialty division, Beazley shares down 7% as profit for 2022 drops by 48% to $191mn, Scor global P&C Q4 profit down 20.3% to EUR149mn as investment income drops, Renewables conditions diverge between onshore and offshore through 2023, Discover things you shouldn't even know yet. The group also has a private client services division targeting high net worth individuals and a claims management unit. View Venbrook Group (www.venbrook.com) location in California, United States , revenue, industry and description. 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 Parthenon Capital 2022 - Present1 year Boston, MA U.S.
Tel: 973-243-5500
If you are a subscriber, please sign back in to read this article Assurance Capital Group. He is active in sourcing, evaluating and executing new investment opportunities as well as working with existing portfolio companies on various strategic initiatives. The firm is understood to have been employee-owned prior to the Parthenon Capital buyout. For more information, contact Kimberly Bartok at 212.372.1239 orkim.bartok@rsmus.com. Venbrook Insurance Services LLC. RD Parisi complements Venbrooks already robust employee benefits division and expands Venbrooks presence on the East Coast. With Parthenon's ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth." "We couldn't be happier to join the Venbrook fold . Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. 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. Furthermore, clients can continue to receive tax and other services from RSM US LLP. All rights reserved. Buyout - Technology & Financial Services - CardWorks (Specialty Finance - Active) - eTix (Event Ticketing SaaS - Active) - Venbrook. We service the creative industry, offering risk management, from production companies and distributors to performers, post-production, and intellectual property. Chief Information Officer
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.
Venbrook Group, LLC acquired RD Parisi Associates, Inc. and David Morse and Associates. Schaumburg, IL 60173
PE firm Parthenon buys into Venbrook at around 10x Ebitda. West Orange, NJ 07052
According to the firms website, other key management executives include CFO Gig Palmer, who joined Venbrook from investment bank and advisory firm Raymond James & Associates in 2016, co-president Greg Econn, who is also managing director of Venbrook Insurance Services, and David Rosen, managing director of the Brooks Insurance Agency. Irvine, CA 92606
Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. We can identify potential exposures in both the tech and IT world, including cybercrime, communications, the cloud, and specialty coverages. Parthenon utilizes niche industry expertise and a deep execution team to. Past performance is not indicative of future performance. We look forward to leveraging Venbrook's strength in customized real estate MGA programs and claims administration and adjusting services to bring even more value to our clients in the months and years to come. 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. We help employ better strategic options that enhance successful portfolios in the energy, petroleum, metals, and mining markets.
Venbrooks solutions and the specialized programs we develop, provide risk-management ideas that empower institutions to minimize uncertainty, protect their assets, and optimize profitability. Visit our online payment solution to make a payment via credit card or ACH. 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. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC.
AboutParthenon Capital When it comes to property that is mobile or being transported via water, rely on our specialists to advise you about the best ways to reduce associated risks and mitigate losses. RSM US Wealth Management LLC is an SEC-registered investment adviser. We are committed to maintaining a safe and healthy workplace for our employees and our clients. We communicate openly, frequently, without fear, and leave no question unanswered, We are transparent, honest and ethical and operate under the highest standards of professional behavior, We are leaders. Discover what makes RSM the first choice advisor to middle market leaders, globally. Parthenon seeks to be an active and aligned partner to management, either through . In Venbrook'sfirst 10 years, we grew threefold, while providing a full range of services to organizations both large and small. We take pride in our services and aim to add value by helping to improve transparency, trust and consistency of our business practices.