Baldwin Krystyn Sherman Partners LLC (BKS-Partners), the middle-market subsidiary of Tampa, Florida-based insurance distribution firm, BRP Group, has acquired substantially all assets of Rosenthal Bros. Inc. (Rosenthal Brothers), a Chicago-based provider of property/casualty insurance, employee benefits and private client solutions to middle market companies and individuals.
Rosenthal Brothers generated annual revenues of approximately $18.8 million, according to the company’s announcement. With approximately 55 employees across two offices, Rosenthal Brothers specializes in insurance products and services for the real estate industry with a focus on large habitational real estate. Rosenthal Brothers will be rebranded under the company’s BKS-Partners banner.
On June 1, BRP Group also announced that BKS-Partners acquired substantially all assets of Trinity Benefit Advisors Inc. and Russ Blakely & Associates LLC (TBA-RBA), Tennessee-based providers of employee benefit plan management, as well as marketing and benefit plans designed for middle-market companies.
Source: BRP Group Inc.
Topics Mergers & Acquisitions
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