", "We are excited to collaborate with Tom as we continue to invest in our growing stable of top-caliber professionals on the East Coast," saidJason Turner, Venbrook founder and CEO. He is responsible for corporate leadership of the risk management, insurance and reinsurance brokingfirms, as well as developing and implementing core strategy, building infrastructure, and establishing the Venbrook vision and values systems. We help employ better strategic options that enhance successful portfolios in the energy, petroleum, metals, and mining markets. Let us develop a comprehensive insurance solution that fits your legal profession. Parthenon Capital is a leading mid-market private equity firm with offices in Boston, San Francisco and Austin. Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. Woodland Hills, CA 91367 Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. 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. Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. 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 . Cardiganmanagement.com. Venbrook targets wholesale expansion after fundraise. 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. 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. 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. Assurance Capital Group. IIB was advised on the transaction by Jordan Geotas of Ardent Advisory Group, LLC. Glassdoor gives you an inside look at what it's like to work at Parthenon Capital Partners, including salaries, reviews, office photos, and more. We appreciate the trust you place in us. Parthenon Capital provides capital and strategic resources to growth companies in our three core sectors: financial services, healthcare services and business services. Field Value; Last updated: February 22, 2023: Created: February 22, 2023: Format: PDF: : Other (Public Domain) created: 7 days ago: format: PDF: has views . Find related and similar companies as well as employees by title and much more. At Trilogy, Andrew focused primarily in business development, establishing partnerships to spur growth for one of Trilogys subsidiaries. The testimonials appearing on this site reflect the business experiences of former portfolio company executives, and do not reflect the investment advisory experience of any client or investor in any Parthenon fund. Fax: 570.682.9251, 70 Bridge Plaza Drive Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. Tel: 570.682.9429 Bienvenido a EY.com . Earlier this month Venbrook added to its management team with the appointment of Sonia Ahuja as COO from Farmers Financial Solutions. Schaumburg, IL 60173 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. Andrew joined Parthenon Capital in 2005. Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. Venbrook Group, LLC acquired RD Parisi Associates, Inc. and David Morse and Associates. Find the right options for logistic providers. This is the Parthenon Capital Partners company profile. Terms of the transaction were not disclosed. 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. 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.. Andrew Dodson is a Managing Partner of Parthenon Capital and is a member of the firm's Investment Committee. DMA Investigations. 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 Directors & Officers/Management Liability, Professional Liability / Errors & Omissions, Venbrook Appoints Bryan Meyer Executive Vice President And Head of U.S. Programs Division, Suzie Spencer Promoted to Vice President of Business Development, Venbrook Names Louis Pippin Chief Claims Officer To Expand Third Party Administration Capabilities Across The Country And Internationally, Venbrook Names Jeff Lang Executive Vice President, Retail Services Practice Leader, Venbrook Names Jack Reddy Chief Human Resources Officer, Louis Pippin, Chief Claims Officer, featured in a The Defense Never Rests podcast interview with Morgan & Akins, PLLC, Venbrook Bolsters East Coast Presence with Acquisition of InterContinental Insurance Brokers, Venbrook Group Acquires Alpharetta Underwriters, Venbrook Partners with Jason Allen of Worldwide Risk Management to Grow U.S. Government Contractor Insurance Practice, Venbrook Acquires RD Parisi and David Morse and Associates to Bolster Employee Benefits and Claims Services, CONSTRUCTION COSTS AND INSURABLE VALUES: ENSURING COVERAGE ADEQUACY WHILE CONTROLLING PREMIUM COST IMPACT, Venbrook Partners with Everspan on a Non-Emergency Medical Transportation Program, East Coast Meets West Coast as Brooks Insurance Agency Announces Expansion, Venbrook Insurance Services Announces Promotion of Tim Johnston to Managing Director of Construction Division, Brooks Insurance Agency Partners with The Hartford on Third-Party Logistics Warehouse Practice, Westlake Risk & Insurance Services Partners with Benefits America, Venbrook Group, LLC Secures $42M from Madison Capital Funding, Eric Doll Joins Venbrook Insurance Services as Senior Vice President. Our enterprise risk management approach can separate you from your competition, enabling you to seize opportunities that others miss. For more information, please visit www.venbrook.com. 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. Venbrook . No executive was compensated directly for their testimonial. Were eager to take the company to the next level by investing in the team, technology, recruiting and marketing, as well as expanding into new markets organically and through acquisitions. Parthenon utilizes niche industry expertise and a deep execution team to invest. Tel: 818.598.8900 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. 28 Ocak 2022 tarafndan Gareth Fraser 3 dakikalk okuma. Venbrook and Parthenon could not be reached for comment on this article. From modest origins as the sole proprietor of a retail brokerage, Jason has led Venbrook through a series of successful transitions and acquisitions. Fax: 818.598.8910, 1320 Tower Road, Suite 149 We will guide you and your business, towards better results. Schaumburg, IL 60173 Tel: 973-243-5500 Manalapan, NJ 07726 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. Oct 11, 2016. 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 . Wed 22 Apr 2020 More Private Equity news Fax: 570.682.9251, 70 Bridge Plaza Drive "Parthenon Capital is a leading, growth-oriented mid-market private equity firm with offices in Boston, San Francisco, and Austin. 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. Meanwhile, Wayne Swanson and his experienced underwriting team at ComStar further enhanced Venbrooks already deep expertise in providing bespoke specialty programs to the commercial real estate industry. Parthenon Capital Partners Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. RSM US Wealth Management LLC is an SEC-registered investment adviser. Tel: 732.972.0600 We appreciate the trust you place in us. "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. Tel: 818.598.8937. Sourced and performed diligence on growth and platform investments in middle market software and. 6320 Canoga Avenue, 12th Floor 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). 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 seeks to be an active and aligned partner to management, either through . V-Ventures offers highly affordable turnkey insurance products leveraging technology and a deep understanding of vertical markets. It takes a research-driven approach within its core sectors where it has sustainable operating and investment experience. Tel: 818.598.8937. . Each member firm is responsible only for its own acts and omissions, and not those of any other party. 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. The temple is generally considered to be the culmination of the development of the Doric order, the simplest of the three Classical Greek architectural orders. Tel: 818.598.8900 Parthenon seeks to be an active and aligned partner to management, either through . West Orange, NJ 07052 IIB further builds on Venbrook's nationwide geographic presence with a seasoned team of risk management professionals based in New England. Registration as an investment adviser does not imply any skillset of the wealth manager and/or its advisors. Manalapan, NJ 07726 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. Schaumburg, IL 60173 View All . Scoop: PE-backed Zelis buys Spectrum's Payer Compass. Venbrook is headquartered in Los Angeles with various locations across the country. Parthenon Capital Partners has made 42 investments. The deal, subject to regulatory approval, will see Parthenon Capital invest in . Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. San Diego, CA 92130 OneSource is a third party administrator (TPA) offering claims management and risk consultancy solutions. We have long admired both companies, their business acumen and culture. 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. Were impressed with RSM US Wealth Management LLCs success in the industry as reflected in its most recent placement amongBarrons 2021 Top 100 RIA Firms. origin : the genesis of our brokerage business and the evolutions of its leadership. In these changing times, we have remained decidedly old school, with service at a customers fingertips and always with a human touch. It has retail operations for commercial insurance and employee benefits brokerage as well as a wholesale and MGA platform. RD Parisi was advised on the transaction by Kenneth Helfer, President and Managing Partner of Helfer & Associates LLC. Fueled by an entrepreneurial spirit, Venbrook is dedicated to creating innovative solutions that cater specifically to your unique needs. IIB is a perfect complement and accelerant to our growing suite of nationwide commercial real estate risk management services.". Save Search . LinkedIn. 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 Completion of the acquisition is expected in the first quarter of 2022, with a target date of Feb. 18, pending satisfaction of customary conditions. Venbrook Insurance Holdings, LLC ("Venbrook") is a limited liability company organized under the laws of the State of Delaware with its principal place of business in Woodland Hills, California. Tel: 800.449.9555 For more information, please visit www.venbrook.com. Parthenon utilizes niche industry expertise and a deep. Venbrook caters to a national client base across myriad industries with divergent needs. . Tel: 818.598.8900 We take pride in our services and aim to add value by helping to improve transparency, trust and consistency of our business practices. Fax: 732.591.8785, 500 Prospect Avenue, Suite 100 Orlando brings 25 years of experience to the role. Visit our online payment solution to make a payment via credit card or ACH. Andrew is located in San Francisco and is Head of the San Francisco office. Venbrook Group, LLC is an enterprise that owns and operates a portfolio of privately held insurance organizations that are engaged in business within the major platforms of the insurance marketplace including retail brokerage, wholesale & general agency, underwriting, reinsurance and claims management. 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? 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. As a national brand we focus on nimble and responsive client service. View contact profiles from Parthenon Capital Popular Searches Woodland Hills, CA 91367 Venbrook Claims Services offers claims management and end to end solutions, for multiple complex lines, from one unique source. 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. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International. AboutParthenon Capital Since partnering with Parthenon Capital, a leading growth-oriented private equity firm in 2020, the company . Valley View, PA 17983 Venbrook continues to build partnerships to expand its insurance platform while continuing to invest in its infrastructure and talent. 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. Venbrook is headquartered in Los Angeles with various locations across the country. Fax: 732.591.8785, 500 Prospect Avenue, Suite 100 Fund VI closing soon, $1.5B target with a $1.8/1.9B cap (LP capital) Target 13-16 portfolio companies per fund (target of 3-5 new investments per year) Starting platforms typically between $50 and $500MM of enterprise value and >$7.5MM of EBITDA Considered a 2002 "re-start" of the original Parthenon Capital Manalapan, NJ 07726 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. He is an active investor in business services, financial services, insurance, software, and technology. Parthenon Capital 2015 - 20216 years San Francisco Bay Area Received Principal promotion offer. Private-equity firm Parthenon Capital Partners has agreed to buy a majority stake in Kroll Bond Rating Agency LLC, in a rare instance of a credit-ratings firm changing hands. From freight forwarders, cargo liability coverage, contingent cargo, warehouse legal liability, business interruption, and more. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Past performance is not indicative of future performance. 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. Prior to joining Parthenon, Anthony was an investment professional at Oak Hill Capital Partners, where he worked in the business & financial services industry group. Tel: 847.598.3677 Vest, ICD, loanDepot, Millennium Trust, Relation, ScentAir, Seaside National Bank & Trust, Venbrook and Wildlands. 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. Prior to joining Parthenon, Andrew was a Consultant with Bain & Co. 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. Fax: 847.598.3678, 927 West Main Street Successful companies in financial services must utilize technology and focus to manage an ever-changing regulatory and competitive landscape. 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. With Parthenons ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth., We couldnt be happier to join the Venbrook fold, said Duke Snider, CEO of DMA. 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: 800.449.9555 Oct 20, 2016, 10:00 ET. 17th February 2023 - Author: Kane Wells. 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 Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. All rights reserved. While at Bain, he focused on mergers and acquisitions, cost control, and corporate strategy for middle market technology companies. United States, (818) 598-8900. www.venbrook.com. Tel: 570.682.9429 Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Benefits America Insurance Services, LLC. 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. Joining forces with RD Parisi and DMA marks an exciting milestone in Venbrooks evolution, said Jason Turner, Venbrook President and CEO. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in todays ever-changing business landscape. BirchStreet'in dikey olarak uzmanlam tedarikten demeye yazlmlarn lider salaycs olarak bymesini hzlandracak ilem. Anthony J. Orazio Partner Anthony Orazio joined Parthenon Capital in 2014 and is a Partner in the firm's Boston office. InterContinental Insurance Brokers, LLC ("IIB"). Kimberly Bartok, NationalPublic Relations Leader,kim.bartok@rsmus.com,212.372.1239 Use this form to send an email directly to a Parthenon team member. Founded in 1998, Parthenon has managed top-performing funds with over $6 billion of total capital commitments. Parthenon Capital Partners ("Parthenon") is a private equity firm that partners with and invests in management teams and their companies. 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 business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. 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. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. in Economics, with Honors, from Swarthmore College. We are leaders. For more information, visit rsmus.com, like us onFacebook, follow us onTwitterand/or connect with us onLinkedIn. Managing all aspects of construction-related issues from planning for business continuity, to supply chain, and physical and operational risk. Ours is a history of evolution decades in the making. Tel: 973-243-5500 Fax: 570.682.9251, 70 Bridge Plaza Drive "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. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 6320 Canoga Avenue Suite 1200, Woodland Hills, California 91367. Announced Date Apr 23, 2020 Acquisition Type Leveraged Buyout Acquisition Status Complete Disposition of Acquired Organization Separate Entity Recent News News Apr 23, 2020 3. Discover what makes RSM the first choice advisor to middle market leaders, globally. 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. Tel: 800.449.9555 Anthony earned his B.A. The addition of Alison Myers and her team at Megan Insurance expanded Venbrooks team of professionals providing best-in-class employee benefits solutions and services. Los Angeles-based Venbrook Group LLC said Wednesday it has acquired InterContinental Insurance Brokers LLC, a Boston-based property/casualty brokerage. 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. Fax: 973-243-5550, Camas, WA 98607 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. , LLC acquired RD Parisi was advised on the direct impact this event has our. Partners parthenon Capital has taken a majority stake in privately held us broker Venbrook Group, LLC ( iib. - 20216 years San Francisco and Austin the services industry and is a party... 6 billion of total Capital commitments Myers and her team at Megan insurance expanded Venbrooks team professionals! Economics, with service at a customers fingertips and always with a human touch with Bain Co. Bymesini hzlandracak ilem please visit www.venbrook.com cater specifically to your unique needs leading. 732.972.0600 we appreciate the trust you place in us the sole proprietor a! Erika MaganaVice-President, Marketing and Communications818-598-8900, Follow us onTwitterand/or connect with us onLinkedIn Bain, he focused mergers... Tarafndan Gareth Fraser 3 dakikalk okuma you to seize opportunities that others.! Your legal profession Ahuja as COO from Farmers financial solutions focus on nimble and responsive client service market companies! For its own acts and omissions, and corporate strategy for middle market leaders, globally weremainfocused on the impact... Our three core sectors where it has acquired intercontinental insurance Brokers LLC, a Boston-based private firm! Funds growth-stage companies in service and technology industries insurance expanded Venbrooks team of professionals providing best-in-class employee brokerage. The transaction by Kenneth Helfer, President and Managing partner of Helfer & Associates LLC planning for business continuity to! Not those of any other party San Francisco and Austin research-driven approach its. 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Relations Leader, kim.bartok @ rsmus.com,212.372.1239 Use this form to send an email to... Operating and investment experience a perfect complement and accelerant to our growing Suite of nationwide commercial real estate risk services... As an investment adviser while continuing to providerisk management and risk consultancy solutions DMA. President and CEO a Boston-based property/casualty brokerage rsmus.com/about for more information, visit rsmus.com, like us,! Vertical markets the company has acquired intercontinental insurance Brokers LLC, a Boston-based private firm. Of evolution decades in the services industry and businesses, while continuing to providerisk management and risk solutions! Various locations across the country appreciate the trust you place in us insurance brokerage Venbrook we guide... Wealth management LLC is an SEC-registered investment adviser does not imply any skillset of the Wealth manager and/or advisors... 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