AssuredPartners, a portfolio company of GTCR, has acquired New Jersey-based Platinum Planning Inc (dba Walsh Benefits), an employee benefits broker. No financial terms were disclosed.
LAKE MARY, Fla. (PRWEB) April 15, 2015
AssuredPartners Inc. has completed the acquisition of Platinum Planning, Inc., dba Walsh Benefits. Walsh Benefits operates in the New Jersey cities of Fair Haven and Cranford under the leadership of Paul Walsh, president and Maryellen Walsh, co-founder and vice president.
The agency is a full service employee benefits broker specializing in group and voluntary benefit product offerings, including medical, dental, 401k and more. Walsh Benefits also provides HR workplace services, such as HR consulting and payroll management. The insurance broker reports revenues of approximately $4.6 million.
“Walsh Benefits provides innovative and efficient service to its clients and has strong, professional relationships with its insurance carriers,” said Paul Walsh. “The team at Walsh Benefits operates with a profound understanding that the clients’ concerns and protection are our top priorities.”
“The Walsh Benefits acquisition continues to strengthen our presence in the New Jersey marketplace,” said Tom Riley, president and COO of AssuredPartners, Inc. “We welcome the additional expertise to our team.”
For more information about Walsh Benefits, visit: http://www.walshbenefits.com.
ABOUT ASSUREDPARTNERS, INC.
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc. is a portfolio company of Chicago-based private equity firm GTCR. AssuredPartners acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGA/wholesalers) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to approximately $475 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 120 offices in 30 states and two London offices. Since 2011, AssuredPartners has acquired more than 90 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or firstname.lastname@example.org, or visit http://www.assuredptr.com.