BroadStreet Partners Secures Strategic Investment to Accelerate Growth
BroadStreet Partners, a middle-market insurance brokerage specializing in commercial and personal property & casualty and employee benefits, recently secured a strategic investment from a consortium led by Ethos Capital, British Columbia Investment Management Corporation (BCI), and White Mountains Insurance Group.
This investment supports BroadStreet's strategy of partnering with independent agencies focused on growth and ownership succession. Ontario Teachers’ Pension Plan continues to hold a significant co-control stake and collaborate with the new investor group. The transaction involved advisory services from leading financial and legal firms, highlighting the investment's scale and complexity.