AssuredPartners Inc. has acquired The Wright Group Services in Colorado.
AssuredPartners made the acquisition through its subsidiary AssuredPartners of Colorado. The terms were not disclosed.
Denver, Colo.-based The Wright Group specializes in employee benefits, property/casualty insurance and retirement services. The agency has additional locations in Eagle and Colorado Springs.
The agency will continue to operate under The Wright Group Services name and the leadership of CEO Bryan Wright and President Roger Forystek. The Wright Group reports revenues of roughly $7.4 million.
Lake Mary, Fla.-based AssuredPartners Inc. is a portfolio company of Chicago-based private equity firm GTCR, and it acquires and invests in insurance brokerage businesses across the United States and in London.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Former Ransomware Negotiator Pleads Guilty to Aiding Attackers 
Study Finds ‘Alarming’ High Flood Risk for 17M Americans on Atlantic, Gulf Coasts 
AIG Completes CEO Succession Plan With Anderson to Take Reins 
