Inszone announces investment from Lightyear Capital

Inszone Insurance announced that private equity firm Lightyear Capital has entered into a definitive agreement to make a strategic investment in the company.

Lightyear will join Inszone’s current investor, BHMS Investments, which will roll a material portion of its existing equity as well as invest additional capital alongside Lightyear. The investments by Lightyear and BHMS will be used to accelerate the company’s next phase of growth.

Inszone is a full-service insurance brokerage firm that provides a range of property & casualty insurance and employee benefits solutions. Since its founding in 2002, Inszone has experienced “industry-leading growth” through a combination of organic initiatives and acquisitions. Inszone has completed and integrated 98 acquisitions since September 2020. The company services over 129k clients across all 50 states and employs a team of 512 employees across 63 locations.

“Today’s announcement by Lightyear and BHMS is evidence of Inszone’s strength and success to date. Lightyear brings deep domain expertise and robust operating resources that will help accelerate growth. BHMS has been an excellent partner since 2020 and I am excited they will continue to support us in the next chapter of our development.” – Chris Walters, CEO of Inszone.

“We are excited to welcome Inszone to our portfolio. Chris and the Inszone management team have done an excellent job of building a differentiated and highly acquisitive insurance brokerage platform. We look forward to partnering with them and the BHMS team to continue to scale the business.” – Mark Vassallo, managing partner at Lightyear.

“Inszone is a special business in a highly attractive sector. We are grateful to be able to continue to partner with Chris and the entire management team as well as welcome Lightyear as a co-lead investor.” – Kevin Angelis, managing partner at BHMS.