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Odyssey to acquire insurance brokerage Integro

IBR Staff Writer Published 06 August 2015

Private equity investment firm Odyssey Investment Partners, through its affiliates, has signed an agreement to acquire insurance brokerage and risk management firm Integro.

odyssey

Terms of the deal have not been disclosed.

Odyssey Investment Partners managing principal Jeffrey McKibben said: "Integro is an extraordinary success story, and we are committed to supporting its continued development, particularly around its specialty offerings."

Established in 2005, Integro provides services in areas, including healthcare, entertainment, professional services, aviation, energy, trade and logistics, reinsurance; and benefits consulting in the US, Canada and other markets.

Through its family of specialty insurance and reinsurance companies, Integro provides services to clients in around 125 countries. It has offices in the US, Canada, the UK and Bermuda.

Integro president Goldstein said: "Odyssey's resources and industry expertise will help accelerate the growth trajectory of our core business and specialty acquisitions."

Subject to customary closing conditions, the deal is expected to complete in the fourth quarter of this year.


Image: Odyssey affiliates to purchase acquire insurance brokerage and risk management firm Integro. Photo: courtesy of Stuart Miles/ FreeDigitalPhotos.net.