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Scout Partners, KBW Capital Back IPG

Scout Partners and KBW Capital Partners have invested in International Planning Group. Financial terms weren’t disclosed. Wellesley, Mass.-based International Planning is a life insurance sales, marketing, distribution and consulting company.


International Planning Group, Ltd, a global life

insurance sales, marketing, distribution and consulting company, announced today that

two investment groups, Scout Partners, LLC and KBW Capital Partners, have made an

investment in the company to fund the continuing expansion of IPG’s growing global


“We welcome these two sophisticated financial partners to help the strategic development

of our company and its rapidly growing business,” said Jon Baker Sr, founder and

majority shareholder of IPG. “We have great confidence that our well established global

brand will benefit greatly from the capital infusion and financial talents of our new

investment partners.”

With the funding, International Planning Group plans to increase penetration and

strengthen its significant market positions in Asia and Latin America while increasing its

presence in other parts of the world, including Eastern Europe, the Middle East and

Africa. The investment will also allow for expansion of the senior management team,

positioning the company to take full advantage of increasing business opportunities.

Scout Partners, LLC and KBW Capital Partners, both based in New York, will be

represented on the board of directors of the company. According to David Y. Howe,

chief executive officer of Scout Partners, LLC, “We are delighted to partner with Jon

Baker and his proven management team. We are looking forward to helping IPG, with

its innovative business model, grow substantially in the years ahead.”

“Investing in dominant niche companies,” added John T. Hompe, managing director of

KBW Capital Partners, “is a focus of our fund, and IPG is clearly an established leader in

its space. We look forward to assisting the company with its growth plans.”