Equal Parts Acquires Lumen Insurance

Equal Parts Acquires Strategic Insurance (Albuquerque)

October 8, 2025

Insurance

Equal Parts, an Austin-based insurance platform, has acquired Strategic Insurance, an independent Albuquerque agency founded by Benito Ortiz. The agency will continue operating under its local brand while gaining access to Equal Parts’ technology, operational tools, and capital to support growth across Albuquerque and New Mexico.

Lexitas Acquires Lumen Legal

July 14, 2020

Professional Services

Lexitas, a portfolio company of funds advised by Apax Partners, has acquired Michigan-based Lumen Legal. The acquisition expands Lexitas’ litigation services platform with legal staffing, document review and commercial contracts outsourcing capabilities to serve law firms, corporate legal departments and insurance companies nationwide.

Equal Parts Acquires Blue Star Insurance Agency

November 12, 2025

Insurance

Austin-based insurance platform Equal Parts announced the acquisition of Blue Star Insurance Agency, a local brokerage in Belen, New Mexico. The deal — executed as part of Equal Parts' roll-up strategy and shortly after Strategic Insurance joined the Equal Parts platform — expands the platform's New Mexico footprint and supports Strategic Insurance's local growth efforts.

Allocations Acquires Lumen Advisory & Finance

October 8, 2021

Cloud & SaaS

Allocations acquired Salt Lake City-based Lumen Advisory & Finance in a $2.5 million cash-and-stock deal to integrate Lumen’s accounting automation capabilities into Allocations’ private equity platform. Nicholas Bird, founder of Lumen, will join Allocations as Chief Financial Officer as the firm’s “infinity engine” fund and SPV accounting system is deployed across Allocations’ product suite. The acquisition strengthens Allocations’ fund administration and tech-enabled accounting capabilities for its SPV and fund customers.

Equal Parts Acquires Assurely to Add TigerMark D&O MGA for Startups

June 26, 2025

Insurance

Equal Parts, a next-generation insurance agency platform, has acquired Austin-based Assurely, an agency and MGA known for its TigerMark D&O program tailored to early-stage and non‑traditional capital companies. The acquisition brings Assurely's fintech expertise and proprietary D&O product into Equal Parts' AI-enabled platform to scale specialized coverage for startups and improve operational efficiency.

Leeds Equity Partners Invests in eLuma

July 20, 2021

Education

Leeds Equity Partners has made a significant growth investment in eLuma, a two-sided marketplace providing live, online special education and mental health services and software to K-12 districts. The capital will support eLuma's expansion into school-based mental health services and further development of its proprietary school software platform while founder Jeremy Glauser remains CEO.