Beecher Carlson is partnering with Old Lane, a Citigroup company, to further accelerate its expansion.
Led by Tom Golub, chairman and chief executive officer and Steve Denton, president and chief operating officer, Beecher Carlson has realized a 113 percent compounded annual growth over the past three years. The new funding will be used to further invest in specialized production and client service teams, technology and strategic acquisitions. The amount of the investment was not disclosed.
“We are pleased to have the endorsement of our aggressive growth plans by Old Lane, who made a significant financial commitment to Beecher Carlson,” said Golub.
“Beecher Carlson has enjoyed consistent annual growth over the past three years which is extremely impressive given the soft market and ongoing change that continues in the commercial brokerage space,” said Manu Rana, managing director at Old Lane.
Source: Beecher Carlson
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
Pacific Life Seeks to Dismiss Kyle Busch’s $8.5M Lawsuit Over Insurance Policies 
Updated: 6 Killed in Private Plane Crash at Maine Airport 
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case 
