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. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. "Parthenon Capital is a leading, growth-oriented mid-market private equity firm with offices in Boston, San Francisco, and Austin. The deal, subject to regulatory approval, will see Parthenon Capital invest in . Tel: 800.449.9555 Venbrook caters to a national client base across myriad industries with divergent needs. Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. Fax: 973-243-5550, Camas, WA 98607 Fueled by an entrepreneurial spirit, Venbrook is dedicated to creating innovative solutions that cater specifically to your unique needs. 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. West Orange, NJ 07052 Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. The Company invests in business services, financial, healthcare, distribution, and technology companies. Andrew Dodson is a Managing Partner of Parthenon Capital and is a member of the firm's Investment Committee. 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. Founded in 1998, Parthenon Capital Partners is a private equity investment firm based in Boston, Massachusetts. CHICAGO (January 4, 2022)RSM US LLP (RSM), the nations leading provider of audit, tax and consulting services focused on the middle market, and Parthenon Capital (Parthenon), a leading growth-oriented private equity firm, today announced they have entered into an agreement for Parthenon to acquire RSM US Wealth Management LLC and rename it Choreo, LLC, with Choreo as its new brand. Valley View, PA 17983 Parthenon Capital has made a number of investments in the sector and formerly held stakes in wholesale giant AmWINS and expansive retail broker Relation. Irvine, CA 92606 Jun. He is located in Austin and is Head of the Austin office. Companies Contacts Investors Funding Rounds Acquisitions People Events Schools Hubs Saved . 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. Woodland Hills, CA 91367 Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. The technology landscape is ever-changing. Parthenon Capital is a leading 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. Tel: 818.598.8937. In these changing times, we have remained decidedly old school, with service at a customers fingertips and always with a human touch. 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. Description. Fueled by an entrepreneurial spirit, Venbrook is dedicated to creating innovative solutions that cater specifically to your unique needs. Past performance is not indicative of future performance. He is an active investor in business services, financial services, insurance, software, and technology. Managing all aspects of construction-related issues from planning for business continuity, to supply chain, and physical and operational risk. Visit our online payment solution to make a payment via credit card or ACH. 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. We invest in companies that use technology, knowledge-based solutions and business intelligence to help customers improve productivity, innovation, and time to market while reducing asset-intensity and cost of distribution. 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 . Their most recent diversity investment was on Oct 16, 2019, when DaySmart Software raised Parthenon Capital Partners has had 18 exits. Tel: 732.972.0600 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. 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. Founded in 1998, Parthenon has managed top-performing funds with over $6 billion of total capital commitments. Our investments include businesses that provide financial software and analytics, outsourcing services, insurance distribution, asset management, specialty lending, accounts receivable and collections, mortgage services and employee benefits. 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). 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. For more information, visit rsmus.com, like us onFacebook, follow us onTwitterand/or connect with us onLinkedIn. Explore The Venbrook Story Parthenon is currently investing out of Parthenon Fund VI, a $2.3 billion fund. 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. Parthenon Capital, a prolific healthcare and fintech investor, is back in market with its sixth flagship fund, targeting $1.5 billion, two LPs told Buyouts. Each member firm is responsible only for its own acts and omissions, and not those of any other party. Explore our latest programs to insure your services, supply chain, warehouses, shipping structures, self-storage facilities, distribution centers, inventory, business continuity, and more. Let us develop a comprehensive insurance solution that fits your legal profession. 2023 Venbrook Group Holdings, LLC. Larry Miles, a 20-year wealth management veteran, will become Chief Executive Officer of Choreo. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 Tel: 570.682.9429 The private equity firm said in a Monday (Feb. 13) press release that it has entered into a definitive agreement to acquire . Led by recognized industry leaders, we understand the concerns of trucking companies (including bulk and hazardous), long-haul, remediation, environmental, energy and waste. . 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. Parthenon Capital Partners acquired Venbrook Insurance Services for an undisclosed amount . 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. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. in Economics, with Honors, from Swarthmore College. 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. LinkedIn, Justin Slaten Add Acquisitions filter . Parthenon Capital provides capital and strategic resources to growth companies in our three core sectors: financial services, healthcare services and business services. 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. V-Ventures offers highly affordable turnkey insurance products leveraging technology and a deep understanding of vertical markets. We have long admired both companies, their business acumen and culture. According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction. Headquartered in Glendale, CA, DMA is an industry leading independent adjuster servicing more than 40 states nationally with over 150 locations. Tel: 847.598.3677 Announced Date Apr 23, 2020 Acquisition Type Leveraged Buyout Acquisition Status Complete Disposition of Acquired Organization Separate Entity Recent News News Apr 23, 2020 Segments we invest in include HCIT, revenue cycle management, practice management and technology, data capture and analytics, payor outsourcing and technology, patient and member engagement, pharmacy services and technology, supply chain, tech-enabled outsourcing, coordination of care, benefits administration and health insurance, and select provider areas. Profile. 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 LOS ANGELES, Oct. 20, 2016 /PRNewswire/ -- Venbrook Group, LLC, one of the largest independent property/casualty brokerages in the U.S., today announced the completion of a . San Diego, CA 92130 In Venbrook'sfirst 10 years, we grew threefold, while providing a full range of services to organizations both large and small. Irvine, CA 92606 View All . Schaumburg, IL 60173 IIB is a perfect complement and accelerant to our growing suite of nationwide commercial real estate risk management services.". Parthenon Capital is a leading mid-market private equity firm with offices in Boston, San Francisco and Austin. 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 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. Search Crunchbase. Mar 02, 2014. In this role, he structured multiyear swaps with companies in multiple industries to hedge their energy exposure. 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. Parthenon Capital 2022 - Present1 year Boston, MA U.S. Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. 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. 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. Terms of the transaction were not disclosed. We look forward to building upon this foundation, said Andrew Dodson, managing partner at Parthenon Capital. Parthenon Capital-backed insurance distribution company Venbrook Group has appointed Bryan Meyer as executive vice president, programs for its subsidiary Venbrook Specialty Services. All rights reserved. Registration as an investment adviser does not imply any skillset of the wealth manager and/or its advisors. Venbrook caters to a national client base across myriad industries with divergent needs. Tel: 818.598.8937. We are committed to maintaining a safe and healthy workplace for our employees and our clients. Find related and similar companies as well as employees by title and much more. RSM US LLP is the U.S. member of RSM International, a global network of independent assurance, tax and consulting firms with 57,000 people in 120 countries. Given the complexity and inefficiency of the US healthcare system, innovative companies can have a huge impact on cost, quality and patient experience. Since partnering with Parthenon Capital, a leading growth-oriented private equity firm in 2020, the company . Earlier this month Venbrook added to its management team with the appointment of Sonia Ahuja as COO from Farmers Financial Solutions. Our reputation within the insurance carrier community, precedes us. Contract Performance Bonds. Search the Kapelle French Military Cemetery cemetery located in Zeeland, Netherlands. We are pleased to continue to support that plan with these acquisitions and remain extremely optimistic about Venbrooks growth trajectory.. Parthenon seeks to be an active and aligned partner to management, either through . The executive has been tasked with overseeing top-line growth through organic initiatives, as well as strategic acquisitions and partnerships, and is responsible for operations efficiencies and margin improvements across the Venbrook Group and its subsidiaries. At Trilogy, Andrew focused primarily in business development, establishing partnerships to spur growth for one of Trilogys subsidiaries. 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