COLUMBUS, Ohio--(BUSINESS WIRE)--BroadStreet Partners, Inc. and respected industry veteran Ken Kirk have partnered to form BroadStreet West, LLC, an entity focused on growth in the Western region through investment in Independent Insurance Agencies. BroadStreet West, LLC will make investments in high-performing agencies which are established as “core” platforms. BroadStreet West, LLC will then facilitate the growth of “core” partners with access to corporate resources and capital for M&A growth.
“We are excited to offer an alternative succession strategy to agency principles who are still focused on the growth of their organizations and the perpetuation of their business model. The BroadStreet model allows agencies to continue serving their clients at the level which has made them successful staples in their communities and enables them to grow through acquisition with access to capital and corporate resources.” – Rick Miley, President and CEO BroadStreet Partners
BroadStreet Partners, Inc. is currently engaged in 12 “core” platforms with a total of 90 agency locations throughout the Midwest and Southeast. Ken Kirk, a former Regional President of Brown & Brown, Inc. will draw upon his experience to grow BroadStreet West’s presence in the Western region.
BroadStreet Partners, Inc. is a national insurance broker which operates through a diverse group of premier regional insurance agencies. BroadStreet’s unique approach aligns incentives through equity ownership and preserves the entrepreneurial orientation that distinguishes the most successful insurance firms.
If you would like more information about this topic, please contact Michael Finnerty at (949) 244-9346 or email at MFinnerty@broadstreetcorp.com.