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.
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