Unison Risk Advisors (URA) announced a strategic investment partnership with Peloton Capital Management (PCM), a Canadian private equity firm based in Toronto. This deal is expected to close March 31.
Ohio-based URA was established in 2020 through the strategic merger of Oswald Companies and RCM&D. URA ranks among the country’s 30 largest insurance brokerage and risk management firms overall and in the top five largest independently owned firms. With the transaction, URA will remain privately held, and majority employee-owned, with PCM gaining a minority ownership position.
Financial terms of this deal are not disclosed.
PCM’s first fund was launched in 2018 with a 15-year life and the backing of a diverse group of family offices, pension plans, financial institutions and individual investors. PCM will work in partnership with the URA leadership team as it accelerates the platform’s organic and transactional growth strategies.
Source: Unison Risk Advisors
Topics Ohio
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