CHICAGO--(BUSINESS WIRE)--Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced it has completed an investment in Lawley, an independent insurance broker and employee benefits firm. PPC’s investment will support Lawley in expanding into new markets and scaling its service offering for customers. Lawley’s current owners and management team, including Principals Bill Lawley, Jr., Chris Ross, and Michael Lawley, and other Lawley partners, will remain the majority owners and continue to lead the business.
Headquartered in Buffalo, N.Y., Lawley is a full-service independent insurance firm specializing in property, casualty and personal insurance, employee benefits, and risk management consulting. Family-owned and operated since its founding in 1945, Lawley has expanded across the Northeastern United States to more than 500 employees throughout New York, Connecticut and New Jersey. Recognized among the top 100 insurance brokers in the country, Lawley is a partner of choice for customers, insurance carriers and employees looking for long-term relationships built on a foundation of trust.
“For more than 75 years, Lawley has thrived and grown as a family-owned independent built on a foundation of deeply-rooted values and strong business ethics,” said Bill Lawley, Jr., Principal at Lawley. “The Pritzker Private Capital team is aligned with our family-oriented culture, values and mission and is the ideal partner to support our company’s exciting next chapter. With their support, Lawley has the opportunity to remain independent into the next Lawley generation and will be even better positioned to grow through strategic acquisitions, expand into new markets, and provide new opportunities for our customers, carriers, communities and talented team.”
“We are proud to connect our family heritage with a growth-oriented independent focused on long-term success,” said Anthony Cardona, Principal at PPC. “We are impressed by Lawley’s commitment to its people, customers, carriers and communities. We are thrilled to partner with Bill, Chris and Mike and the entire Lawley team to support their next phase of growth.”
Terms of the transaction were not disclosed. Reagan Consulting served as exclusive financial advisor to Lawley. Waller Helms served as exclusive financial advisor to Pritzker Private Capital.
About Lawley
Lawley is a privately owned, independent insurance firm specializing in property, casualty and personal insurance, employee benefits and risk management consulting. Lawley is amongst the top 100 largest insurance brokers in the U.S., according to Business Insurance magazine. For over 75 years, Lawley’s team of more than 500 associates has developed customized property, casualty, surety and benefits insurance programs for businesses and public entities of all sizes, along with personalized protection for individuals and their families. Headquartered in Buffalo, N.Y., Lawley has branch offices across New York, Connecticut and New Jersey. To find out more, visit lawleyinsurance.com.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.