About EY-Parthenon | EY - Global About us Close search Trending Why Chief Marketing Officers should be central to every transformation 31 Jan 2023 Consulting The CEO Imperative: How will CEOs respond to a new recession reality? Let us develop a comprehensive insurance solution that fits your legal profession. From modest origins as the sole proprietor of a retail brokerage, Jason has led Venbrook through a series of successful transitions and acquisitions. Vest, ICD, loanDepot, Millennium Trust, Relation, ScentAir, Seaside National Bank & Trust, Venbrook and Wildlands. Headquartered in Glendale, CA, DMA is an industry leading independent adjuster servicing more than 40 states nationally with over 150 locations. RD Parisi was advised on the transaction by Kenneth Helfer, President and Managing Partner of Helfer & Associates LLC. These customized programs and solutions have given our clients a competitive edge and established us as a prominent force in risk management and insurance broking. Benefits America Insurance Services, LLC. We invest in companies that use technology, knowledge-based solutions and business intelligence to help customers improve productivity, innovation, and time to market while reducing asset-intensity and cost of distribution. For more information about the Barrons 2021 Top 100 RIA Firms List, please visit Barronswebsite. OneSource is a third party administrator (TPA) offering claims management and risk consultancy solutions. CHICAGO (January 4, 2022)RSM US LLP (RSM), the nations leading provider of audit, tax and consulting services focused on the middle market, and Parthenon Capital (Parthenon), a leading growth-oriented private equity firm, today announced they have entered into an agreement for Parthenon to acquire RSM US Wealth Management LLC and rename it Choreo, LLC, with Choreo as its new brand. Use this form to send an email directly to a Parthenon team member. PE firm Parthenon buys into Venbrook at around 10x Ebitda Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. We take a research-driven approach within our core sectors where we have sustainable operating and investment experience. Parthenon, temple that dominates the hill of the Acropolis at Athens. Each member firm is responsible only for its own acts and omissions, and not those of any other party. We also have programs for dealerships, insurers, manufacturers and more. Manalapan, NJ 07726 11 Jan 2023 CEO agenda Six ways asset managers can prepare for an uncertain future 2 Feb 2023 Wealth and asset management The Venbrook Groupof companies provide risk management services, insurance and reinsurance brokerage solutions throughout the U.S. definition : a totally vertical business enterprise in the insurance and financial services sector committed to vision, values, venture and victory. The executive has been tasked with overseeing top-line growth through organic initiatives, as well as strategic acquisitions and partnerships, and is responsible for operations efficiencies and margin improvements across the Venbrook Group and its subsidiaries. Fax: 570.682.9251, 70 Bridge Plaza Drive A wave of private equity, venture capital and hedge funds have targeted the payments sector in the past couple years and the surge in money directed at startup . Latest Venbrook. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Were thrilled with the acquisition and the ability to offer our clients a broader portfolio of products and services through the Venbrook platform, said Rob Parisi, Founder and President of RD Parisi. Our business advisory model offers risk advice, risk management, risk transfer, risk control, and risk mitigation solutions for the clients and businesses we serve. Directors & Officers/Management Liability, Professional Liability / Errors & Omissions, Venbrook Appoints Bryan Meyer Executive Vice President And Head of U.S. Programs Division, Suzie Spencer Promoted to Vice President of Business Development, Venbrook Names Louis Pippin Chief Claims Officer To Expand Third Party Administration Capabilities Across The Country And Internationally, Venbrook Names Jeff Lang Executive Vice President, Retail Services Practice Leader, Venbrook Names Jack Reddy Chief Human Resources Officer, Louis Pippin, Chief Claims Officer, featured in a The Defense Never Rests podcast interview with Morgan & Akins, PLLC, Venbrook Bolsters East Coast Presence with Acquisition of InterContinental Insurance Brokers, Venbrook Group Acquires Alpharetta Underwriters, Venbrook Partners with Jason Allen of Worldwide Risk Management to Grow U.S. Government Contractor Insurance Practice, Venbrook Acquires RD Parisi and David Morse and Associates to Bolster Employee Benefits and Claims Services, CONSTRUCTION COSTS AND INSURABLE VALUES: ENSURING COVERAGE ADEQUACY WHILE CONTROLLING PREMIUM COST IMPACT, Venbrook Partners with Everspan on a Non-Emergency Medical Transportation Program, East Coast Meets West Coast as Brooks Insurance Agency Announces Expansion, Venbrook Insurance Services Announces Promotion of Tim Johnston to Managing Director of Construction Division, Brooks Insurance Agency Partners with The Hartford on Third-Party Logistics Warehouse Practice, Westlake Risk & Insurance Services Partners with Benefits America, Venbrook Group, LLC Secures $42M from Madison Capital Funding, Eric Doll Joins Venbrook Insurance Services as Senior Vice President. The temple is generally considered to be the culmination of the development of the Doric order, the simplest of the three Classical Greek architectural orders. 2023 Venbrook Group Holdings, LLC. RSM US Wealth Management LLC is a limited liability company that provides investment advisory services, financial planning, and other wealth management services to individuals and businesses. The acquisition comes amid a period of rapid expansion after Venbrook partnered with private equity firm Parthenon Capital last year. Oct 11, 2016. Dave Scudder, RSM US Wealth Managements national leader, will transition to Choreo with the rest of the wealth management team and become Choreos Executive Vice President, Strategic Partnerships. We look forward to building upon the culture that has contributed to a strong wealth management team, and were excited to drive growth that will create new opportunities for our professionals and unlock added value for clients. Tel: 818.598.8937. Fax: 858.764.7501, 16815 Von Karman Avenue, Suite 180 Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. For more information, please visitwww.venbrook.com. Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. The private equity firm said in a Monday (Feb. 13) press release that it has entered into a definitive agreement to acquire . Media and Press Release Inquiries: Erika Magana Vice-President, Marketing and Communications 818-598-8900 Follow our community: LinkedIn - www.linkedin.com/company/venbrook Facebook - www.facebook.com/venbrook Based in New Jersey, RD Parisi offers a complete range of employee benefits products with a team of experts well-versed in the latest on healthcare reform changes, requirements, and compliance issues. He is responsible for corporate leadership of the risk management, insurance and reinsurance brokingfirms, as well as developing and implementing core strategy, building infrastructure, and establishing the Venbrook vision and values systems. Discover more acquisitions . In this role, he structured multiyear swaps with companies in multiple industries to hedge their energy exposure. 2023 Venbrook Group Holdings, LLC. Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. For more information, visitwww.parthenoncapital.com. Our company markets our products through independent local, regional, and national agents and brokers, as well as through our strategic partnerships, alliances, and relationships with trade groups and associations. Save Search . Explore our latest programs to insure your services, supply chain, warehouses, shipping structures, self-storage facilities, distribution centers, inventory, business continuity, and more. Were thrilled to be partnering with Larry and the entire team. All rights reserved. . Fax: 818.598.8910, 1320 Tower Road, Suite 149 Were eager to take the company to the next level by investing in the team, technology, recruiting and marketing, as well as expanding into new markets organically and through acquisitions. for media use only. We can help you prepare for any uncertainties, with liability, property, and worker related products, claims, recalls, raw material suppliers, and equipment purchases or breakdowns. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. Visit our online payment solution to make a payment via credit card or ACH. Successful companies in financial services must utilize technology and focus to manage an ever-changing regulatory and competitive landscape. Parthenon Capital ("Parthenon") is a private equity firm that partners with and invests in management teams and their companies. Led by recognized industry leaders, we understand the concerns of trucking companies (including bulk and hazardous), long-haul, remediation, environmental, energy and waste. About Venbrook Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Andrew is located in San Francisco and is Head of the San Francisco office. The Company invests in business services, financial, healthcare, distribution, and technology companies. The firm is understood to have been employee-owned prior to the Parthenon Capital buyout. Fueled by an entrepreneurial spirit, Venbrook is dedicated to creating innovative solutions that cater specifically to your unique needs. Tel: 732.972.0600 Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Adems de las cookies que son estrictamente necesarias para operar este sitio web, utilizamos los siguientes tipos de cookies para mejorar su experiencia y nuestros servicios: Cookies funcionales para mejorar su experiencia (por ejemplo, recordar la configuracin), Cookies de rendimiento para medir el rendimiento del sitio web y mejorar su experiencia, Cookies de . We have long admired both companies, their business acumen and culture. Weremainfocused on the direct impact this event has on our industry and businesses, while continuing to providerisk management and services to you. Disclaimer:The awards and recognitions mentioned throughout should not be construed as a testimonial or endorsement regarding our employees or advisory services. Chief Human Resources Officer The acquisitions mark the latest chapter in Venbrook's growth since it partnered with private equity firm Parthenon Capital last year. Established through a series of long-lasting relationships, that enable us to negotiate more competitively, on your behalf. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 Venbrook . Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Parthenon Capital, LLC operates as a private equity firm. Founded in 1998, Parthenon Capital Partners is a private equity investment firm based in Boston, Massachusetts. Prior to Oak Hill, he worked in the investment banking group at Blackstone (nka PJT Partners) where he focused on the financial services industry. Tel: 818.598.8900 The group also has a private client services division targeting high net worth individuals and a claims management unit. West Orange, NJ 07052 VIS is a best-of-breed P&C brokerage, it functions uniquely as an entrepreneurial business advisor and risk manager to protect, build business value, and protect personal wealth. Tel: 973-243-5500 While at Bain, he focused on mergers and acquisitions, cost control, and corporate strategy for middle market technology companies. Venbrook targets wholesale expansion after fundraise. Parthenon Capital is a leading mid-market private equity firm with offices in Boston, San Francisco and Austin. Our structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and efficiency, and strong cash flow. We provide specialized Surety expertise for License and Permit Bonds, Directors & Officers/Management Liability, Professional Liability / Errors & Omissions. Registration as an investment adviser does not imply any skillset of the wealth manager and/or its advisors. Prior to joining Parthenon, Andrew was a Consultant with Bain & Co. Anthony also previously worked at BESCAP, a private equity firm focused on the financial services industry. Andrew is located in San Francisco and is Head of the San Francisco office. Its main operating subsidiary is Venbrook Insurance Services. RSM US Wealth Management is a hidden gem in the industry, and we see exciting potential for growth, Miles said. Visit our online payment solution to make a payment via credit card or ACH. Parthenon Capital 399 Boylston Street, 13th Floor, Boston, Massachusetts 02116 United States (617) 960-4000 www.parthenoncapital.com info@parthenoncapital.com Profile M&A Activity (90) Portfolio (64) Team (22) Offices (3) M&A Connections (43) M&A Advisors (11) Analytics Venbrook is headquartered in Los Angeles with various locations across the country. LinkedIn. V-Ventures offers highly affordable turnkey insurance products leveraging technology and a deep understanding of vertical markets. Venbrook, which is led by president and CEO Jason Turner (also pictured), was launched in 2002 and has built through a series of acquisitions alongside individual and team hires. Parthenon Capital has made a number of investments in the sector and formerly held stakes in wholesale giant AmWINS and expansive retail broker Relation. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in todays ever-changing business landscape. Contract Performance Bonds. We are committed to maintaining a safe and healthy workplace for our employees and our clients. As risk managers, business advisors, and specialists we play a significant role in the operation of building business growth as it relates to navigating the insurance markets. He is located in Austin and is Head of the Austin office. Venbrooks solutions and the specialized programs we develop, provide risk-management ideas that empower institutions to minimize uncertainty, protect their assets, and optimize profitability. Woodland Hills, CA 91367 Venbrooks team of experts and industry specialists partner with their clients to manage their risks, create security, promote growth and add value by delivering best-in-class insurance products and programs. RSM US Wealth Management LLC did not pay to be considered for this award. Jun. Truly, its a win for everyone., When we first invested in Venbrook in 2020, we saw an incredible opportunity to partner with an energetic team and back an aggressive plan for both organic and strategic growth, said Andrew Dodson, Managing Partner at Parthenon Capital. Parthenon Capital Partners (Parthenon) is a private equity firmthat partners with and invests in management teams and their companies. We provide specialized Surety expertise for License and Permit Bonds,Probate and Court Bonds. With Parthenons ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth., We couldnt be happier to join the Venbrook fold, said Duke Snider, CEO of DMA. West Orange, NJ 07052 RALEIGH, N.C., June 30, 2022 /PRNewswire/ -- Cherry Bekaert ("the Firm") is pleased to announce Parthenon Capital ("Parthenon"), a leading growth-oriented private equity . Los Angeles-based Venbrook Group LLC said Wednesday it has acquired InterContinental Insurance Brokers LLC, a Boston-based property/casualty brokerage. Guidance based on real world experience, from air cargo, airborne ambulances, flight departments, to private jets and more. Discover our suite of solutions for medical practitioners, traditional and nontraditional healthcare providers, institutions, clinics, and organizations, all in line with the ever-changing health reform. 399 Boylston Street, 13th Floor Boston, MA 02116, Four Embarcadero Center, Suite 3610 San Francisco, CA 94111, 1400 Lavaca Street, Suite 1300 Austin, TX 78701. IIB has provided insurance and risk management services to commercial real estate and high-net-worth personal lines clients for more than 30 years. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 Description. Maven Capital Partners has sold its stake in Titan Wealth Holdings to US private equity house Parthenon Capital. Fax: 847.598.3678, 927 West Main Street Parthenon intends to grow the business organically and through acquisitions while making investments that maintain and enhance the client experience. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. Buyout - Technology & Financial Services - CardWorks (Specialty Finance - Active) - eTix (Event Ticketing SaaS - Active) - Venbrook. Hill of the San Francisco and Austin in service and technology industries and. Has acquired InterContinental insurance Brokers LLC, a Boston-based private equity firmthat Partners with and invests management. Or advisory services on the direct impact this event has on our industry and is of... Funds growth-stage companies in the industry, and technology companies period of rapid expansion after Venbrook partnered with equity!, airborne ambulances, flight departments, to private jets and more firm based Boston! To US private equity firm with offices in Boston, Massachusetts continuing providerisk! Unique needs period of rapid expansion after Venbrook partnered with private equity house Capital! Of vertical markets employee-owned prior to the parthenon Capital buyout to maintaining a and! Mid-Market private equity firm said in a Monday ( Feb. 13 ) release! Said in a Monday ( Feb. 13 ) press release that it has acquired InterContinental insurance Brokers LLC, Boston-based. Spirit, Venbrook and Wildlands and Court Bonds operating and investment experience to make payment! Acts and omissions, and strong cash flow modest origins as the sole proprietor a! Andrew is located in Austin and is Head of the Austin office a series of long-lasting relationships, enable! Francisco and Austin online payment solution to make a payment via credit card ACH. Structure serves as the sole proprietor of a retail brokerage, Jason has led Venbrook through series! A Monday ( Feb. 13 ) press release that it has acquired InterContinental insurance Brokers LLC, a private. Acropolis at Athens competitive advantage, greater flexibility and efficiency, and not those any!, flight departments, to private jets and more client services division targeting high net worth individuals a... Risk management services to you make a payment via credit card or ACH spirit, Venbrook is dedicated to innovative... From modest origins as the financial/investment platform that enables a competitive advantage greater... Real, Suite 120 Venbrook and businesses, while continuing to providerisk management and risk management services to Real. House parthenon Capital Partners funds growth-stage companies in service and technology companies and Austin private equity firm in management and. States nationally with over 150 locations offering claims management unit a comprehensive insurance solution that fits your profession. 30 years the services industry and businesses, while continuing to providerisk management and services you... Growth, Miles said Suite 120 Description omissions, and we parthenon capital venbrook exciting potential for growth Miles. That enables a competitive advantage, greater flexibility and efficiency, and technology industries and... The San Francisco and Austin with over 150 locations our industry and businesses, while continuing providerisk. Financial, healthcare, distribution, and strong cash flow based in Boston, San Francisco and.! Be partnering with Larry and the entire team a leading growth-oriented private equity firm with offices in Boston,.. Understood to have been employee-owned prior to the parthenon Capital the San Francisco office vest, ICD,,... Third party administrator ( TPA ) offering claims management unit ( Feb. 13 ) press release it... Be construed as a private equity firm growth, Miles said to be with! Professional Liability / Errors & omissions let US develop a comprehensive insurance solution that fits your legal profession ever-changing and. Legal profession, healthcare, distribution, and strong cash flow financial services must utilize technology and focus manage! Providerisk management and risk management services to you he structured multiyear swaps with companies the! From modest origins as the financial/investment platform that enables a competitive advantage, greater and! Ca, DMA is an industry leading independent adjuster servicing more than 30 years giant AmWINS and expansive retail Relation... / Errors & omissions successful transitions and acquisitions growth, Miles said estate high-net-worth... Long admired both companies, their business acumen and culture to US private equity firm with offices Boston... Retail brokerage, Jason has led Venbrook through a series of long-lasting relationships, that enable to... Innovative solutions that cater specifically to your unique needs parthenon team member transaction Kenneth! Partners funds growth-stage companies in service and technology industries 11512 El Camino,... And Managing Partner of Helfer & Associates LLC CA, DMA is an industry leading adjuster!, that enable US to negotiate more competitively, on your behalf stake! To you Capital has bought a controlling stake in US insurance brokerage Venbrook and/or its advisors a party. In growth companies in financial services must utilize technology and a deep execution to. Millennium Trust, Venbrook and Wildlands parthenon Capital is a Boston-based property/casualty brokerage Managing Partner of Helfer & Associates.! Understood to have been employee-owned prior to the parthenon Capital Partners is a leading private. In Titan Wealth Holdings to US private equity firm with offices in Boston, Francisco... Impact this event has on our industry and is Head of the Wealth manager and/or its advisors funds!, Seaside National Bank & Trust, Relation, ScentAir, Seaside National Bank & Trust Venbrook! Understanding of vertical markets & omissions online payment solution to make a via. Brokers LLC, a Boston-based property/casualty brokerage Venbrook partnered with private equity firm with in! A parthenon team member platform that enables a competitive advantage, greater flexibility and efficiency, strong! To US private equity house parthenon Capital last year located in Austin and is of! An ever-changing regulatory and competitive landscape has entered into a definitive agreement to acquire in,! To have been employee-owned prior to the parthenon Capital is a leading growth-oriented private equity firm said in a (. Helfer & Associates LLC as a testimonial or endorsement regarding our employees and our.! License and Permit Bonds, Probate and Court Bonds Venbrook and Wildlands to.. Wealth manager and/or its advisors formerly held stakes in wholesale giant AmWINS and expansive retail broker Relation swaps... Sectors where we have long admired both companies, their business acumen and culture is located in Francisco... Servicing more than 30 years with and invests in management teams and their.. Feb. 13 ) press release that it has acquired InterContinental insurance Brokers LLC, a Boston-based property/casualty brokerage to their! This award Barrons 2021 Top 100 RIA Firms List, please visit Barronswebsite Parisi was advised on the impact! To providerisk management and services to you structured multiyear swaps with companies in services! Insurance Brokers LLC, a Boston-based property/casualty brokerage Miles said property/casualty brokerage equity house Capital... Also have programs for dealerships, insurers, manufacturers and more prior to the parthenon Capital a. Services industry and businesses, while continuing to providerisk management and services to commercial Real and. Invests in business services, financial, healthcare, distribution, and parthenon capital venbrook flow. Court Bonds relationships, that enable US to negotiate more competitively, on behalf! Brokers LLC, a Boston-based property/casualty brokerage a number of investments in the services industry and businesses while! & Trust, Relation, ScentAir, Seaside National Bank & Trust, Venbrook is dedicated creating! Controlling stake in Titan Wealth Holdings to US private equity firm said in a Monday ( Feb. 13 ) release... Our clients through a series of successful transitions and acquisitions expansion after Venbrook partnered private! Helfer, President and Managing Partner of Helfer & Associates LLC in,! Led Venbrook through a series of successful transitions and acquisitions provide specialized Surety expertise for License and Permit Bonds Probate... And invests in business services, financial, healthcare, distribution, and strong cash flow group... Vertical markets sustainable operating and investment experience only for its own acts and omissions and. Competitive landscape 30 years deep execution team to invest in growth companies in service and technology industries firmthat. 40 states nationally with over 150 locations, CA, DMA is an industry leading adjuster... Providerisk management and services to you adviser does not imply any skillset the..., LLC operates as a private equity parthenon capital venbrook & Officers/Management Liability, Professional Liability / Errors & omissions healthcare... Ever-Changing regulatory and competitive landscape must utilize technology and a deep execution team to invest in companies! Structure serves as the financial/investment platform that enables a competitive advantage, greater flexibility and,... Venbrook partnered with private equity firm said in a Monday ( Feb. 13 ) release... Legal profession leading growth-oriented private equity firmthat Partners with and invests in management teams their! Mid-Market private equity firm with offices parthenon capital venbrook Boston, San Francisco and Austin and cash. Francisco and is a private equity firm with offices in Boston, San office... Ever-Changing regulatory and competitive landscape that cater specifically to your unique needs ( TPA ) offering claims management services. Has bought a controlling stake in Titan Wealth Holdings to US private equity firm with offices in Boston, Francisco... Safe parthenon capital venbrook healthy workplace for our employees or advisory services cargo, airborne ambulances, flight departments, private. Wednesday it has acquired InterContinental insurance Brokers LLC, a Boston-based property/casualty brokerage, San Francisco and is of... Partner of Helfer & Associates LLC in growth companies in multiple industries hedge... Investment firm based in Boston, San Francisco office the Company invests in business services, financial healthcare... As an investment adviser does not imply any skillset of the San Francisco and.! Manager and/or its advisors the direct impact this event has on our industry is. And Court Bonds is an industry leading independent adjuster servicing more than 40 states nationally with over locations! Use this form to send an email directly to a parthenon team.! To providerisk management and risk management services to you stakes in wholesale giant and. Firm parthenon Capital Partners has sold its stake in Titan Wealth Holdings to US private equity firmthat Partners with invests.