BHMS invests in King Insurance
BHMS Investments, through affiliated funds (“BHMS”), has invested in King Insurance .
Founded in 1974, King is a full-service insurance brokerage firm that provides a broad array of property & casualty as well as employee benefits solutions. Having completed seven acquisitions over the last year, the company has expanded across Florida. BHMS’ investment will primarily be utilized to continue King’s acquisition growth in the southeastern US and beyond.
“Insurance distribution, and specifically retail brokerage, continues to be an attractive industry for us and we believe there to be considerable runway for aggregation. We are excited to partner with Chad King and look forward to working alongside him and the Company’s team to continue King’s growth.” – Kevin L. Angelis, Managing Partner of BHMS.
“BHMS fit perfectly as a partner as we look to enter our Company’s next stage of growth. We are thrilled to partner with them, and their experience and relationship set within the insurance brokerage industry will greatly accelerate our acquisition momentum.” – Chad King, Chief Executive Officer and continued significant shareholder of King.
“King’s acquisition track record, reputation in the brokerage community as well as Chad’s expertise and leadership serve as an ideal fit for our firm’s mandate. We are excited to invest alongside Chad and we look forward to a rewarding partnership.” – Anthony S. Recine, Managing Director of BHMS.