Based in New Jersey, RD Parisi offers a complete range of employee benefits products with a team of experts well-versed in the latest on healthcare reform changes, requirements, and compliance issues. Add Acquisitions filter . Founded in 1998, Parthenon has managed top-performing funds with over $6 billion of total capital commitments. Fax: 973-243-5550, Camas, WA 98607
The fund, if it hits target, would be larger than Parthenon's prior fund, which closed on its hard cap of $1 billion in 2016. 6320 Canoga Avenue, 12th Floor
From modest origins as the sole proprietor of a retail brokerage, Jason has led Venbrook through a series of successful transitions and acquisitions. We also have programs for dealerships, insurers, manufacturers and more. Visit ePay for easy online payments. Parthenon Capital Partners has made 42 investments. We protect educational institutions. Venbrook is headquartered inLos Angeleswith various locations across the country. Inside P&C is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Book a call with a member of the team to discuss your subscription options, InsurTech Vesttoo lures Howden Tigers Cheney, Need to Know: Tesla Insurance, Ryan E&O claim, Fidelis pre-IPO filing, Inver Re appoints MS Amlins Thomas as global head of property reinsurance, Amwins hires former Howden director Herrera as SVP, Ryan Specialty records $117mn consideration in Griffin Underwriting deal, Gain your competitive advantage with Inside P&C. RSM US Wealth Management LLC is an SEC-registered investment adviser. Venbrook Group, LLC (Venbrook), one of the largest independent insurance distribution and services firms in the U.S., announced today the acquisition David Morse & Associates (DMA). Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. The acquisition comes amid a period of rapid expansion after Venbrook partnered with private equity firm Parthenon Capital last year. This structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, strong cash flow, and capital appreciation for the companies and investment partners we serve. Tel: 973-243-5500
Larry Miles, a 20-year wealth management veteran, will become Chief Executive Officer of Choreo. Valley View, PA 17983
Managing all aspects of construction-related issues from planning for business continuity, to supply chain, and physical and operational risk. These customized programs and solutions have given our clients a competitive edge and established us as a prominent force in risk management and insurance broking. Fax: 818.598.8910, 11512 El Camino Real, Suite 120
Acquirer Name . Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow.
The technology landscape is ever-changing. Prior to Enron, he worked for Trilogy, Inc., an enterprise software company in Austin, Texas. Add a memorial, flowers or photo. We embrace new thinking and technology to create opportunities that add value for our stakeholders. Parthenon has expertise in the wealth management sector, refined over the past 10 years through strategic partnerships with management teams across the wealth management landscape, including HD Vest, Allworth Financial, Millennium Trust Company, and EdgeCo Holdings, among others. We take pride in our services and aim to add value by helping to improve transparency, trust and consistency of our business practices. Insurance Insider is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Book a call with a member of the team to discuss your subscription options, InsurTech Vesttoo lures Howden Tigers Cheney, Inver Re appoints MS Amlins Thomas as global head of property reinsurance, Chubb Tempest Re promotes Ashley to lead international P&C reinsurance, Pen Underwriting promotes Breslin to MD of specialty division, Beazley shares down 7% as profit for 2022 drops by 48% to $191mn, Scor global P&C Q4 profit down 20.3% to EUR149mn as investment income drops, Renewables conditions diverge between onshore and offshore through 2023, Discover things you shouldn't even know yet. Since our founding in 1998, we have partnered with world-class management teams tocomplete over 50 platform acquisitions and 200 add-on acquisitions representing more than $5 billion in value in these sectors. 3. Announced Date Apr 23, 2020 Acquisition Type Leveraged Buyout Acquisition Status Complete Disposition of Acquired Organization Separate Entity Recent News News Apr 23, 2020 RD Parisi complements Venbrooks already robust employee benefits division and expands Venbrooks presence on the East Coast. Irvine, CA 92606
He is active in sourcing, evaluating and executing new investment opportunities as well as working with existing portfolio companies on various strategic initiatives. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Coverage includes Business Owner Policy that includes Business Liability, Business Property, Business Income, Errors and Omissions, General Liability, Employed Lawyer Liability and more. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. The Company invests in business services, financial, healthcare, distribution, and technology companies. Tel: 818.598.8937. From our founding, our team of professionals have been dedicated to client service and the protection of our clients to deliver returns. Venbrook continues to build partnerships to expand its insurance platform while continuing to invest in its infrastructure and talent. Our investments include businesses that provide financial software and analytics, outsourcing services, insurance distribution, asset management, specialty lending, accounts receivable and collections, mortgage services and employee benefits. Since partnering with Parthenon Capital, a leading growth-oriented private equity firm in 2020, the company . Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. . Wed 22 Apr 2020 More Private Equity news Irvine, CA 92606
Segments we invest in include HCIT, revenue cycle management, practice management and technology, data capture and analytics, payor outsourcing and technology, patient and member engagement, pharmacy services and technology, supply chain, tech-enabled outsourcing, coordination of care, benefits administration and health insurance, and select provider areas. Fax: 818.598.8910, 1320 Tower Road, Suite 149
All content is posted anonymously by employees working at Parthenon Capital Partners. PE firm Parthenon buys into Venbrook at around 10x Ebitda. Parthenon Capital is acquiring the gaming division of Global Payments.. From tailoring comprehensive insurance policy packages to their aggressive hands-on strategy with successfully settling claims on behalf of clients, IIB's approach to client service aligns completely with Venbrook's. Headquartered in Glendale, CA, DMA is an industry leading independent adjuster servicing more than 40 states nationally with over 150 locations. 6320 Canoga Avenue, 12th Floor
Visit us online at www.venbrook.com/insightsfor regular updates. Supporting our clients to address, analyse, and prepare for the challenges facing today's leading institutions. Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. IIB has a 30+ year history of providing best-in-class insurance and risk management services to commercial real estate and high net worth personal lines clients. 30, 2022, 10:30 AM. We provide specialized Surety expertise for License and Permit Bonds,Probate and Court Bonds.
Anthony serves or has served on the Board of Directors of Allworth Financial, Cherry Bekaert, Choreo, EdgeCo Holdings, Libra Solutions, Millennium Trust Company, MRO, and Venbrook Group. Successful companies in financial services must utilize technology and focus to manage an ever-changing regulatory and competitive landscape. He is responsible for corporate leadership of the risk management, insurance and reinsurance brokingfirms, as well as developing and implementing core strategy, building infrastructure, and establishing the Venbrook vision and values systems. We take a research-driven approach within our core sectors where we have sustainable operating and investment experience. With Parthenon's ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth." "We couldn't be happier to join the Venbrook fold . Earlier this month Venbrook added to its management team with the appointment of Sonia Ahuja as COO from Farmers Financial Solutions. Orlando brings 25 years of experience to the role. Partnering with Venbrook will allow us to continue to deliver the same level of service our clients have come to expect. 17th February 2023 - Author: Kane Wells. Tel: 732.972.0600
Investors (1) M&A Activity (5) 2023 PCP Enterprise, L.P. All rights reserved.Parthenon, Parthenon Capital, Parthenon Capital Partners and all related logos are registered service marks of PCP Enterprise, L.P. The testimonials appearing on this site reflect the business experiences of former portfolio company executives, and do not reflect the investment advisory experience of any client or investor in any Parthenon fund. Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. Fax: 818.598.8910, 11512 El Camino Real, Suite 120
Ours is a history of evolution decades in the making. West Orange, NJ 07052
Parthenon Capital ("Parthenon") is a private equity firm that partners with and invests in management teams and their companies. Parthenon Capital Partners Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. . San Diego, CA 92130
Parthenon Capital Partners (Parthenon) is a private equity firmthat partners with and invests in management teams and their companies. Jun. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Find related and similar companies as well as employees by title and much more. About EY-Parthenon | EY - Global About us Close search Trending Why Chief Marketing Officers should be central to every transformation 31 Jan 2023 Consulting The CEO Imperative: How will CEOs respond to a new recession reality? Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Parthenon seeks to be an active and aligned partner to management, either through . Whether you are a property manager, real estate agent/broker, lawyer, architect/engineer, or consultant, discover how we can tailor a solution for you. A wave of private equity, venture capital and hedge funds have targeted the payments sector in the past couple years and the surge in money directed at startup . United States, (818) 598-8900. www.venbrook.com. CHICAGO (January 4, 2022)RSM US LLP (RSM), the nations leading provider of audit, tax and consulting services focused on the middle market, and Parthenon Capital (Parthenon), a leading growth-oriented private equity firm, today announced they have entered into an agreement for Parthenon to acquire RSM US Wealth Management LLC and rename it Choreo, LLC, with Choreo as its new brand. Were impressed with RSM US Wealth Management LLCs success in the industry as reflected in its most recent placement amongBarrons 2021 Top 100 RIA Firms. For more information, please visit www.venbrook.com. 6320 Canoga Avenue Suite 1200, Woodland Hills, California 91367. 6320 Canoga Avenue, 12th Floor
According to sources the private equity firm has bought out the interest of chairman Bill Lopatin (pictured left) as part of the transaction.
Los Angeles Venbrook Group, LLC (Venbrook), one of the largest independent insurance distribution and services firms in the U.S., announced today the acquisitions of RD Parisi Associates, Inc. (RD Parisi) and David Morse and Associates (DMA). "Venbrook has built an outstanding culture and reputation that aligns perfectly with IIB's approach to providing clients with superior service and risk management solutions. Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International. VIS is a best-of-breed P&C brokerage, it functions uniquely as an entrepreneurial business advisor and risk manager to protect, build business value, and protect personal wealth. Venbrooks solutions and the specialized programs we develop, provide risk-management ideas that empower institutions to minimize uncertainty, protect their assets, and optimize profitability. We appreciate the trust you place in us. Prior to joining Parthenon, Anthony was an investment professional at Oak Hill Capital Partners, where he worked in the business & financial services industry group. Furthermore, clients can continue to receive tax and other services from RSM US LLP. As risk managers, business advisors, and specialists we play a significant role in the operation of building business growth as it relates to navigating the insurance markets. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. We are committed to maintaining a safe and healthy workplace for our employees and our clients. Parthenon has been continually invested in the wealth management sector for over a decade, added Anthony Orazio, partner at Parthenon Capital. We can help you prepare for any uncertainties, with liability, property, and worker related products, claims, recalls, raw material suppliers, and equipment purchases or breakdowns. Prior to joining Parthenon, Andrew was a Consultant with Bain & Co. For more information about the Barrons 2021 Top 100 RIA Firms List, please visit Barronswebsite. Parthenon Capital provides capital and strategic resources to growth companies in our three core sectors: financial services, healthcare services and business services. Venbrook Insurance Holdings, LLC ("Venbrook") is a limited liability company organized under the laws of the State of Delaware with its principal place of business in Woodland Hills, California. As a national brand we focus on nimble and responsive client service. It was built in the mid-5th century bce and dedicated to the Greek goddess Athena Parthenos ("Athena the Virgin"). Why it matters: Zelis aims to remove friction from transactions and simplify payment processes to drive more affordable . We appreciate the trust you place in us. minimum capital and contributed surplus required of an insurance Anthony Orazio joined Parthenon Capital in 2014 and is a Partner in the firms Boston office. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Since partnering with Parthenon Capital, a leading growth-oriented private equity firm, in 2020, the company has experienced a year of rapid growth and completed multiple acquisitions. Were thrilled to be partnering with Larry and the entire team. Fax: 847.598.3678, 927 West Main Street
We look forward to building upon the culture that has contributed to a strong wealth management team, and were excited to drive growth that will create new opportunities for our professionals and unlock added value for clients. Venbrook Group, LLC acquired RD Parisi Associates, Inc. and David Morse and Associates. With the addition of RD Parisi, DMA, and earlier investments in Megan Insurance and ComStar Insurance Solutions, Venbrook has continued to accelerate its growth over the last year and now employs over 600 associates under the Venbrook brand. Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. Venbrook Group, a large independent insurance distribution and services firm in the US, has announced the appointment of Bryan Meyer as Executive Vice President, Programs for Venbrook Specialty Services, LLC, a wholly-owned subsidiary. Latest Venbrook. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook.
More Venbrook news. Parthenon Investors V beat its initial target of $850 million. The executive has been tasked with overseeing top-line growth through organic initiatives, as well as strategic acquisitions and partnerships, and is responsible for operations efficiencies and margin improvements across the Venbrook Group and its subsidiaries. RSM US LLP is a limited liability partnership and the U.S. member firm of RSM International, a global network of independent audit, tax and consulting firms. Tel: 818.598.8900
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