BRP Group Acquires Insgroup, Inc.

November 5, 2020

BRP Group, through its middle‑market subsidiary BKS Partners, agreed to acquire all outstanding equity of Insgroup, Inc., a Houston‑based commercial P&C and employee benefits brokerage with approximately $38.51 million of annualized revenues and ~160 employees. The deal expands BRP Group's middle‑market presence in Texas (notably Houston) and brings Insgroup's leadership team, including CEO Brian Kapiloff, into BRP's regional management structure.

Buyers
BRP Group, Inc., BKS Partners (Baldwin Krystyn Sherman Partners, LLC)
Targets
Insgroup, Inc.
Industry
Insurance
Location
Texas, United States
Transaction Type
Buyout

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