Avon, Conn.-based Paragon Insurance Holdings LLC announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners have taken an equity stake in the firm.
Terms of the deal were not disclosed.
The investment from EPIC and Oak Hill will further propel Paragon’s organic and mergers and acquisitions growth strategies and create greater opportunity for Paragon’s agency, carrier and reinsurance trading partners, according to a statement announcing the deal.
Paragon is a national, multi-line specialty managing general agency formed in 2014 by Ron Ganiats and Ron Mairano. The firm also has offices in San Francisco, Calif., and Seattle, Wash.
Topics Connecticut
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
