Location: Columbus, OH
Investment Year: 2012
Exit Year: 2020
BroadStreet Partners is a diversified commercial and personal insurance brokerage business. The company has a unique acquisition strategy through which they acquire a majority interest in “core” agencies, allowing the agency management team to maintain an equity interest in the business post-transaction.
In May 2020, Century Focused Fund III exited its investment in BroadStreet via a recapitalization of the business.