Tel: 800.449.9555 Parthenon Capital is a leading growth-oriented mid-market private equity firm with offices in Boston, San Francisco and Austin. We are leaders. origin : the genesis of our brokerage business and the evolutions of its leadership. Clean Cash Flow: How you can take advantage of financial and tax incentives to generate new revenue from your commercial real estate. Fax: 818.598.8910, 11512 El Camino Real, Suite 120 2023 PCP Enterprise, L.P. All rights reserved.Parthenon, Parthenon Capital, Parthenon Capital Partners and all related logos are registered service marks of PCP Enterprise, L.P. Go WE PROVIDE UNIQUE SOLUTIONS AND EXPERTISE IN EVERY MARKET AUTOMOTIVE Our highly select group of independent brokers can help you obtain liability coverage for commercial-class vehicles. Supporting our clients to address, analyse, and prepare for the challenges facing today's leading institutions. Jason D. Turner is the Founder, President, and Chief Executive Officer of Venbrook Group, LLC. . Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Fax: 973-243-5550, Camas, WA 98607 Since partnering with Parthenon Capital, a leading growth-oriented private equity firm in 2020, the company . 3. 6320 Canoga Avenue, 12th Floor Andrew is located in San Francisco and is Head of the San Francisco office. In Venbrook'sfirst 10 years, we grew threefold, while providing a full range of services to organizations both large and small. For more information, please visitwww.venbrook.com. Prior to Oak Hill, he worked in the investment banking group at Blackstone (nka PJT Partners) where he focused on the financial services industry. Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. DMA Investigations. We believe our specialization and focus allows us to better understand key issues, risks and opportunities and provide relevant resources and insights. Orlando brings 25 years of experience to the role. Zelis Healthcare, backed by Parthenon Capital and Bain Capital, has agreed to acquire Payer Compass for roughly $180 million, sources familiar with the matter tell Axios. RALEIGH, N.C., June 30, 2022 /PRNewswire/ -- Cherry Bekaert ("the Firm") is pleased to announce Parthenon Capital ("Parthenon"), a leading growth-oriented private equity firm, has made a strategic . The group also has a private client services division targeting high net worth individuals and a claims management unit. The member firms of RSM International collaborate to provide services to global clients, but are separate and distinct legal entities that cannot obligate each other. PE firm Parthenon buys into Venbrook at around 10x Ebitda. 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. Parthenon seeks to be an active and aligned partner to management, either through . If you are a subscriber, please sign back in to read this article Parthenon Capital Partners Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. 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. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. More Venbrook news. OneSource is a third party administrator (TPA) offering claims management and risk consultancy solutions. Venbrook Financial Services www.venbrook.com A leading, national insurance distribution platform offering retail broking, wholesale broking, programs, and claims servicing. Fund VI closing soon, $1.5B target with a $1.8/1.9B cap (LP capital) Target 13-16 portfolio companies per fund (target of 3-5 new investments per year) Starting platforms typically between $50 and $500MM of enterprise value and >$7.5MM of EBITDA Considered a 2002 "re-start" of the original Parthenon Capital Visit our online payment solution to make a payment via credit card or ACH. Prior to joining Venbrook, he held CFO roles at Concord Blue Energy, Hyman, and Suncor Capital. He is active in sourcing, evaluating and executing new investment opportunities as well as working with existing portfolio companies on various strategic initiatives. Andrew earned his B.A. 17th February 2023 - Author: Kane Wells. From modest origins as the sole proprietor of a retail brokerage, Jason has led Venbrook through a series of successful transitions and acquisitions. Parthenon Capital provides capital and strategic resources to growth companies in our three core sectors: financial services, healthcare services and business services. We help employ better strategic options that enhance successful portfolios in the energy, petroleum, metals, and mining markets. for media use only. Andrew joined Parthenon Capital in 2005. includes any. We provide specialized Surety expertise for License and Permit Bonds,Probate and Court Bonds. Venbrook is headquartered in Los Angeles with various locations across the country. Parthenon seeks to be an active and aligned partner to management, either through recapitalization transactions or by backing new executives. Since joining Parthenon, Andrew has been actively involved with the firms investments in Allworth Financial, AmWINS Group, ASG, Bryant & Stratton, Cherry Bekaert, Choreo, Coastal Credit, EdgeCo Holdings, Envysion, H.D. Subdivision Bonds andCommercial Bonds. Fax: 858.764.7501, 16815 Von Karman Avenue, Suite 180 Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. "Parthenon Capital is a leading, growth-oriented mid-market private equity firm with offices in Boston, San Francisco, and Austin. Ours is a history of evolution decades in the making. Tel: 847.598.3677 Their most recent investment was on Jun 30, 2022, when Cherry Bekaert raised Parthenon Capital Partners has made 3 diversity investments. The deal values KBRA . Tel: 570.682.9429 Irvine, CA 92606 Benefits America Insurance Services, LLC. Valley View, PA 17983 28 Ocak 2022 tarafndan Gareth Fraser 3 dakikalk okuma. 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. From residential life to campus security, to operations and intellectual property, we make sure you are fully prepared. Managing all aspects of construction-related issues from planning for business continuity, to supply chain, and physical and operational risk. Venbrook Group, LLC ("Venbrook Group") is a limited liability company . It has retail operations for commercial insurance and employee benefits brokerage as well as a wholesale and MGA platform. AboutParthenon Capital We believe the combination of the experienced wealth management team with the vision of Parthenon and Larry Miles puts Choreo in a strong position for the future. Jun. Parthenon intends to grow the business organically and through acquisitions while making investments that maintain and enhance the client experience. Visit ePay for easy online payments. LOS ANGELES, Oct. 20, 2016 /PRNewswire/ -- Venbrook Group, LLC, one of the largest independent property/casualty brokerages in the U.S., today announced the completion of a . Schaumburg, IL 60173 Larry Miles, a 20-year wealth management veteran, will become Chief Executive Officer of Choreo. Venbrook caters to a national client base across myriad industries with divergent needs. 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Fax: 732.591.8785, 500 Prospect Avenue, Suite 100 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. RSM US Wealth Management LLC is an SEC-registered investment adviser. Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Chief Human Resources Officer Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. LinkedIn. Parthenon seeks to be an active and aligned partner to management, either through . We service the creative industry, offering risk management, from production companies and distributors to performers, post-production, and intellectual property. Tel: 800.449.9555 IIB has provided insurance and risk management services to commercial real estate and high-net-worth personal lines clients for more than 30 years. Anthony earned his B.A. Office Locations: Los Angeles, CA; Irvine, CA; San Diego, CA; Chicago, IL; Detroit, MI; Philadelphia, PA; New Jersey; New York. Let us help increase your profitability with solutions that cater to your processing, distribution, manufacturing, economic and environmental needs. We are closely monitoring the ongoing COVID-19 Coronavirus outbreak according to the guidelines and recommendations of the CDC. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. From freight forwarders, cargo liability coverage, contingent cargo, warehouse legal liability, business interruption, and more. About Venbrook Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Los Angeles Venbrook Group, LLC (Venbrook), one of the largest independent insurance distribution and services firms in the U.S., announced today the acquisitions of RD Parisi Associates, Inc. (RD Parisi) and David Morse and Associates (DMA). Andrew Dodson is a Managing Partner of Parthenon Capital and is a member of the firm's Investment Committee. In addition to its Woodland Hills, Los Angeles headquarters, Venbrook has San Diego and Orange County offices in California, a Schaumburg, Illinois office, and offices in Pennsylvania, New Jersey and Washington. Valley View, PA 17983 Private equity house Parthenon Capital has bought a controlling stake in US insurance brokerage Venbrook. 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. 6320 Canoga Avenue, 12th Floor Parthenon Capital, a private equity firm, has agreed to acquire Global Payments Inc.'s gaming division and transition into Pavilion Payments, a stand-alone independent company, according to a press release.. After closing on the transaction, Pavilion Payments will continue to offer Global Payments Gaming Solutions' full suite of payments solutions for the gaming industry, including VIP . Parthenon seeks to be an active and aligned partner to management, either through . Anthony also previously worked at BESCAP, a private equity firm focused on the financial services industry. Your environmental and alternative resource challenges are complex. Irvine, CA 92606 Venbrook Claims Services offers claims management and end to end solutions, for multiple complex lines, from one unique source. Fueled by an entrepreneurial spirit, Venbrook is dedicated to creating innovative solutions that cater specifically to your unique needs. Prior to joining Parthenon, Andrew was a Consultant with Bain & Co. Who is Parthenon Capital Headquarters 399 Boylston St 13TH Fl, Boston, Massachusetts, 02116, United States Phone Number (617) 960-4000 Website www.parthenoncapital.com Revenue $16.8M Industry Venture Capital & Private Equity Finance Parthenon Capital's Social Media Is this data correct? Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Description. Parthenon utilizes niche industry expertise and a deep execution team to. Visit us online at www.venbrook.com/insightsfor regular updates. Venbrook's 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. Fax: 973-243-5550, Camas, WA 98607 Tel: 818.598.8937. Registration as an investment adviser does not imply any skillset of the wealth manager and/or its advisors. Their most recent diversity investment was on Oct 16, 2019, when DaySmart Software raised Parthenon Capital Partners has had 18 exits. Andrew is located in San Francisco and is Head of the San Francisco office. Our mission is to be the most creative, entrepreneurial and trusted full-service insurance firm Retail, Wholesale & Direct providing consistent value to our clients, employees, stakeholders and the communities in which we live and work. DMA further enhances Venbrook Claims Services divisions world-class suite of adjusting, investigation, subrogation, and claims administration services. Parthenon Capital Partners funds growth-stage companies in the services industry and is a Boston-based private equity firm. Announced Date Apr 23, 2020 Acquisition Type Leveraged Buyout Acquisition Status Complete Disposition of Acquired Organization Separate Entity Recent News News Apr 23, 2020 These opportunities create an incentive for executives to make positive remarks on their experiences with Parthenon. 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 Assurance Capital Group. Parthenon Capital has taken a majority stake in privately held US broker Venbrook Group, The Insurer can reveal. Schaumburg, IL 60173 View All . DMA was advised on the transaction by Waller Helms Advisors. All rights reserved. We listen, learn, educate and apply our knowledge to make things happen, We embrace new thinking and technology to create opportunities and add value for our stakeholders, We welcome change, deliver frequently, and operate our business urgently today with our eye on the future, We make choices that foster success, take risks that open new doors, and never settle for complacency, We recruit and retain talented individuals who share our passion for achievement. We look forward to leveraging Venbrook's strength in customized real estate MGA programs and claims administration and adjusting services to bring even more value to our clients in the months and years to come. 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. The private equity firm said in a Monday (Feb. 13) press release that it has entered into a definitive agreement to acquire . Prior to Enron, he worked for Trilogy, Inc., an enterprise software company in Austin, Texas. Schaumburg, IL 60173 Our enterprise risk management approach can separate you from your competition, enabling you to seize opportunities that others miss. Buyout - Technology & Financial Services - CardWorks (Specialty Finance - Active) - eTix (Event Ticketing SaaS - Active) - Venbrook. While at Bain, he focused on mergers and acquisitions, cost control, and corporate strategy for middle market technology companies. With the addition of RD Parisi, DMA, and earlier investments in Megan Insurance and ComStar Insurance Solutions, Venbrook has continued to accelerate its growth over the last year and now employs over 600 associates under the Venbrook brand. By designing innovative solutions and programs, specializing in your specific industry, we provide your business with an additional advantage. IIB has a 30+ year history of providing best-in-class insurance and risk management services to commercial real estate and high net worth personal lines clients. He is located in Austin and is Head of the Austin office. Our investments include businesses that provide financial software and analytics, outsourcing services, insurance distribution, asset management, specialty lending, accounts receivable and collections, mortgage services and employee benefits. We take a research-driven approach within our core sectors where we have sustainable operating and investment experience. We take a research-driven approach within our core sectors where we have sustainable operating and investment experience. Fully prepared acquisitions while making investments that maintain and enhance the client experience Francisco, and claims divisions. 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