AssuredPartners Acquires Employee Benefit Advisory Firm AxisPointe in N.J.

Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Herbert L. Jamison & Co., completed the acquisition of AxisPointe Inc., an independent employee benefit advisory firm located in West Orange, N.J.

AxisPointe offers employee benefits products and services; business and individual planning; and professional liability, general insurance and risk management services. Founded in 1991, AxisPointe has assisted N.J.-area public and non-profit corporations with diverse workforces with their employee benefit programs.

AxisPointe has a workforce of four agents and staff that will join AssuredPartners’ Herbert L. Jamison & Co.

AssuredPartners, a portfolio company of Chicago-based private equity firm GTCR, acquires and invests in insurance brokerage businesses (property/casualty, employee benefits, surety, MGA/wholesalers) across the United States and in London. From its founding in 2011, AssuredPartners has grown to approximately $250 million in annualized revenue. It currently has 81 offices in 13 states and a London office.

Topics Mergers & Acquisitions New Jersey