Keystone Agency Investors Acquires The Seltzer Group

Keystone Agency Partners Acquires Keystone Insurers Group

July 1, 2024

Insurance

Keystone Agency Partners (KAP) completed its acquisition of Keystone Insurers Group effective July 1, 2024. The deal brings Keystone Insurers Group’s franchise network into KAP’s PE-backed agency platform, expanding KAP’s regional footprint, distribution capabilities and service offerings to clients.

Alera Group Acquires Keller Insurance Agency

July 22, 2021

Insurance

Alera Group, a national insurance and wealth management firm, has acquired Keller Insurance Agency, a commercial property and casualty insurance brokerage that specializes in senior living and hospice facilities. Keller’s team — led by CEO Russ Keller and affiliated with Rich & Cartmill, Inc. — will continue serving clients; terms were not disclosed.

Simplicity Group Acquires Keystone Benefit Group

October 21, 2021

Financial Services

The Simplicity Group acquired Atlanta-based Keystone Benefit Group, a specialist executive benefit consulting firm focused on tax-exempt and healthcare organizations. With the closing (announced October 21, 2021), Keystone principals David Falkenstein, Jeff Milstead and Michael Falkenstein join Simplicity as partners as Keystone becomes the 31st company in the Simplicity group.

Keystone Partners Acquires The Ayers Group from Kelly Services

June 12, 2024

Staffing & HR

Keystone Partners, a Silver Oak Services Partners portfolio company, has acquired The Ayers Group, a New York–headquartered leader in executive coaching, leadership development and outplacement services, from Kelly Services, Inc. The acquisition expands Keystone's capabilities and presence in the New York metropolitan area and strengthens its career management and leadership development offerings.

Keystone Insurers Group Acquires Canyon Lands Insurance (CLI Select)

October 26, 2023

Insurance

Keystone Insurers Group, a large independent insurance agency network, has completed the full acquisition of Canyon Lands Insurance (CLI Select). CLI will continue to operate as a wholly owned subsidiary with its CEO, Dawnyel Smink, joining Keystone's executive leadership as President of Keystone's western region; terms were not disclosed.

Keystone Capital Invests in Baily International

October 27, 2023

Food & Beverage

Keystone Capital Management, L.P. has entered an investment partnership with Baily International, a Granite City, Illinois-based producer of Asian appetizer products. Keystone will partner with CEO Steve Cameron (who remains in place) to support growth and pursue add-on acquisition opportunities; terms were not disclosed and senior debt was provided by CIBC Bank USA and Siemens Financial Services.