AssuredPartners Inc. Acquires GBP Risk Solutions in Arizona

August 30, 2013

AssuredPartners Inc. has completed the acquisition of Golseth & Gregson Insurance Services (dba GBP Risk Solutions), an independent insurance agency based in Arizona.

GBP Risk Solutions offers large commercial insurance, personal commercial insurance, group employee benefits, individual life and health insurance, retirement plans, bonds and workers’ compensation.

GBP Risk Solutions currently operates out of Tucson and Phoenix, Ariz. The agency has a workforce of 16 agents and staff that will join AssuredPartners, including Rick Gregson, GBP Risk Solutions president. New York-based Harbinger Ventures Group Inc. served as advisor to GBP Risk Solutions on this transaction.

Lake Mary, Fla.-based AssuredPartners is a portfolio company of Chicago-based private equity firm GTCR. AssuredPartners acquires and invests in insurance brokerage businesses across the United States and in London.

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