Corsair Capital
Dowling Hales acted as financial advisor to Corsair Capital, LLC (“Corsair”) in its strategic investment in Oakbridge Insurance Agency (“Oakbridge” or the “Company”) Corsair Capital LLC (“Corsair”), a private equity firm focused on business and financial services, has completed a strategic investment in the newly formed Oakbridge Insurance Agency. Oakbridge was simultaneously created by the combination of four GA-based agencies; Founders Insurance, Hutchinson Traylor Insurance, McGinty-Gordon & Assocaites and Waites Foshee. The strategic combination of these agencies creates one of the largest privately-owned insurance, risk management, and employee benefits firms in the Southeast. Based on the 2020 edition of the Hales 100, Oakbridge will be one of the country’s “Top 100” agencies. The Company plans to grow organically through investments in new talent and client-focused infrastructure and through strategic acquisitions. Oakbridge sees future expansion opportunities in the Southeast through the strategic and geographic growth of each firm’s specialty practices, as well as by attracting similarly cultured firms that are committed to broadening their businesses and capabilities to best serve clients and partners.
Target Company
Corsair Capital
Acquirer Company
Oakbridge
Acquisition Date
December 2020
Sector
Insurance
Industry
Retail
Region
USA
State of Acquired
GA
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