Tricor Insurance

Tricor Insurance  (represented by Hales Securities, LLC) has been aquired by  J.C. Flowers & Co.   -   October 2021

Dowling Hales acted as exclusive financial advisor in the equity recapitalization of Top 100 Insurance Broker TRICOR Insurance  TRICOR Insurance (the “Company”) announced today that J.C. Flowers & Co., LLC, (“J.C. Flowers”) has made a strategic investment in the independent broker, positioning the Company for continued growth, both organically and through strategic acquisitions. J.C. Flowers is a leading New York-based private investment firm dedicated to investing globally in the financial services industry. Founded in 1945, TRICOR Insurance is a nationwide insurance broker offering business insurance, employee benefits solutions, personal insurance, and individual life and health coverages. The Company currently ranks as the 89th largest insurance broker as measured by the Hales 100, with over $33mm in annual revenue and more than 40,000 clients across Wisconsin, Iowa and the Midwest. TRICOR Insurance is led by CEO/President, Dave Fritz, who will retain a significant ownership position in the company, along with other employee shareholders.

Target Company

Tricor Insurance

Acquirer Company

J.C. Flowers & Co.

Acquisition Date

October 2021

Sector

Insurance

Acquisition Date

October 2021

Industry

Retail P&C

Region

USA

State of Acquired

WI

Map

town light

At Dowling Hales, we don't just raise capital; we forge connections. Leveraging our deep relationships with investment groups, we guide your financial aspirations from vision to victorious transaction. Together, we rise.

Learn More

Ready to

Navigate Your

Financial Future?

Dowling Hales has developed a consistent reputation as the “advisor of choice” dedicated exclusively to the insurance sector.