Investment Summary

LNC Partners Invests In Your Policy

On June 4, 2024, private equity firm LNC Partners invested in insurance company Your Policy

Investment Highlights
  • This is LNC Partners’ 3rd transaction in the Insurance sector.
  • This is LNC Partners’ 43rd transaction in the United States.
  • This is LNC Partners’ 4th transaction in Texas.

Investment Summary
Date 2024-06-04
Target Your Policy
Sector Insurance
Investor(s) LNC Partners
Deal Type Growth Capital
Advisor(s) Piper Sandler & Co. (Financial)
Frost Brown Todd (Legal)

Target

Your Policy

Webster, Texas, United States
Your Policy is a full-service independent insurance brokerage providing the highest level of service to its employees, customers, and carrier partners. The company specializes in personal lines, small and medium sized commercial lines, and employee benefits policies via its network of agency locations across the Pacific Northwest, South, and Northeast. Your Policy was founded in 2020 and is based in Webster, Texas.

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Investor(S) 1

Investor

LNC Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2010
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

LNC Partners is a private investment firm focused on providing $10 to $30 million of equity and junior capital to support a variety of company transactions. As a provider of debt, LNC offers subordinated debt and unitranche securities. As a provider of equity, LNC will invest as a minority or majority partner. Prospective transaction situations include buyouts, refinancings, acquisition financings, growth capital needs, and recapitalizations. Sectors of interest include business and information services, financial services, insurance, healthcare, and niche manufacturing. LNC Partners is based in Reston, Virginia.

DEAL STATS #
Overall 43 of 44
Sector (Insurance) 3 of 4
Type (Growth Capital) 19 of 20
State (Texas) 4 of 4
Country (United States) 43 of 44
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-18 Kaizen Auto Care

Yuma, Arizona, United States

Kaizen Auto Care is a full-service collision repair chain that provides paint and body repair, auto glass repair, fleet services, and electric vehicle specialty services to individuals and businesses through 48 locations across Arizona, Colorado, Southern California, Iowa, Nebraska, and Nevada. The Company aims to provide quality customer service and repairs to consumers, fostering strong partnerships with its insurance carriers. Kaizen Auto Care was formed in 2013 and is based in Yuma, Arizona.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-05 Virtus

Overland Park, Kansas, United States

Virtus is an insurance brokerage and risk management consulting platform that provides property and casualty insurance, as well as employee benefits, across a multitude of vertical specializations with an emphasis on serving real estate, private equity, hospitality, and construction clients. Virtus was founded in 2013 and is based in Overland Park, Kansas.

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Mergr

Product

Company

Legal