BRP Group, Inc., through an indirect subsidiary, has entered into an agreement to acquire substantially all the assets of Brush Creek, LLC (operating as "Brush Creek Partners"). Based in Kansas City, Missouri, Brush Creek Partners, also operating as "bcp tech," is a leading provider of commercial insurance, technology risk management and due diligence solutions for emerging market and middle-market clients in various high growth industries. The Partnership, BRP Group’s nomenclature for a strategic acquisition, is expected to close on December 7, 2021, subject to certain closing conditions.
With clients ranging from pre-revenue startups to multi-national corporations, Brush Creek Partners has delivered an impressive track record of revenue growth by offering an innovative and resource-driven approach to risk management, enabling its clients to mitigate the unique risks facing their businesses. This Partnership, which brings with it approximately 20 colleagues, strengthens BRP Group’s expertise in the Cyber and Technology, Venture Capital, Private Equity, and Construction industry verticals.
"Brush Creek Partners is a unique and rapidly growing independent firm in the Midwest, and we are thrilled to welcome them to the BRP Group family," said John Valentine, Chief Partnership Officer of BRP Group. "Brush Creek Partners’ depth of product and industry expertise are important additions to BRP Group’s platform, and we believe a tremendous opportunity exists to leverage our collective strengths to continuing innovating and serving our clients. Travis and his incredibly talented team have prioritized innovation and client service, while also fostering a colleague-centric culture, and we are excited to join forces."
"Partnering with BRP Group will bring tremendous value to our team, our clients, and our community. BRP Group’s innovative approach, focus on growth, and resources, will allow us to become even better partners with our insureds and carriers," said Travis Holt, Partner and Co-Founder of Brush Creek Partners. "We have always known that organizations who challenge the industry and take an innovative approach to insurance are few and far between, and we believe our Partnership with BRP Group will elevate Brush Creek Partners to the next level."
ABOUT BRP GROUP, INC.
BRP Group, Inc. (NASDAQ: BRP) is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance and employee benefits, and support our clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP Group represents over 700,000 clients across the United States and internationally. For more information, please visit their BRP Group.
ABOUT BRUSH CREEK, LLC
Headquartered in Kansas City, Missouri, Brush Creek, LLC is a leading provider of commercial insurance, technology risk management and due diligence solutions for emerging market and middle market clients in various high growth industries. Brush Creek Partners strives to separate themselves from typical insurance agents by taking an innovative, collaborative approach to ensure their clients understand all the unique risks facing their businesses. With a focus on the Cyber and Technology, Venture Capital, Private Equity, and Construction industry verticals, Brush Creek Partners takes pride in innovating, thriving together, doing what’s right, and always exceeding expectations. For more information, please visit their website.