Choice Financial Group Acquires William R. Seide Agency

Choice Financial Group Acquires R. Stephens Financial, Inc.

August 23, 2022

Insurance

Choice Financial Group, a PE-backed insurance agency, has acquired New Jersey-based employee benefits consultancy R. Stephens Financial, Inc. The deal is an add-on to Choice's platform as it expands its footprint in New Jersey and strengthens its employee benefits and insurance brokerage capabilities; founder Richard Yuran will continue to lead the business.

Choice Financial Group Acquires Marley Insurance Agency

February 16, 2022

Insurance

Choice Financial Group, backed by Northlane Capital Partners, has acquired Marley Insurance Agency, a century-old independent agency based in Scottsburg, Indiana. Richie Buchanan will continue to lead Marley post-close as Choice expands its footprint into the greater Louisville market; the deal marks Choice's fourth acquisition since partnering with Northlane in October 2021.

Choice Financial Group Acquires Parker Reigle Insurance Agency

September 27, 2022

Insurance

Choice Financial Group, a PE-backed insurance agency consolidator, has acquired Parker Reigle Insurance Agency of Chesapeake, Virginia. The deal is an add-on to Choice’s platform (backed by Northlane Capital Partners) intended to expand Choice’s presence in southeastern Virginia while keeping founder June Reigle in an operational role.

Northlane Capital Partners Invests in Choice Financial Group

November 2, 2021

Insurance

Northlane Capital Partners (NCP) has made an investment in Choice Financial Group, a Virginia Beach–based insurance agency, partnering with founder and president Richard Braun. The capital will support Choice’s acquisition-driven growth strategy and add operating resources (including the addition of industry executive Bob Hilb); Madison Capital Funding provided debt financing for the transaction.

Choice Financial Group Acquires Bernier Insurance Agency

December 15, 2021

Insurance

Choice Financial Group, a PE-backed insurance agency platform, acquired Bernier Insurance Agency of Rochester, New Hampshire, marking Choice's first location in New England. Troy Dillow will remain president of Bernier as the agency leverages Choice's tools and Northlane Capital Partners' support to expand regionally.

Choice Financial Group Acquires Schlather Insurance Agency in Ohio

September 28, 2022

Insurance

Choice Financial Group, a Northlane Capital Partners‑backed insurance roll‑up based in Virginia Beach, has acquired Schlather Insurance Agency, Inc., a full‑service insurance agency with locations in Wellington, Oberlin and Elyria, Ohio. The deal extends Choice’s presence in Ohio and surrounding markets; Dave Schlather will remain to oversee operations and support the integration and growth efforts.