Keystone Agency Partners
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Increased multiples of 16x-17x in the independent agencies sector and uncontemplated perpetuation plans are some of the factors driving the survey’s results. -
The partnership expands KAP's reach in Florida and its depth in construction and surety lines.
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The executive said recent volatility may lead some peer companies to delay their public debuts.
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The Bain-backed consolidator is tied to the fourth-largest agency network, giving it an additional pool of potential acquisitions.
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Gupta joins Keystone after spending nearly 10 years at Liberty Mutual.
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Keystone Agency Partners said it has named Todd Jones, CEO of QBE North America, as an independent director to its board.
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