2019 MAY 27 (NewsRx) -- By a
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K2’s experienced senior management team, under the leadership of
The transaction is expected to close in the second quarter of 2019. Financial terms of the transaction were not disclosed.
“Since our founding in 2011, K2 has become one of the fastest growing and largest program managers in the
Over the course of the past eight years, K2 has made significant progress on its growth strategy, expanding its business across various specialty insurance lines while building a diverse, loyal network of distribution partners and world-class carriers and reinsurers. With its market-leading position and the support of Lee Equity, K2 will be well positioned for continued organic and acquisition driven growth.
“K2 has emerged as a market leader in the fast-growing MGA segment, and we are thrilled to partner with Bob and his team in K2’s next chapter of growth,” said
“We believe K2 will accelerate its already impressive growth trajectory as K2’s specialization, diversification, and its tech-enabled end-to-end operating platform will continue to attract top quality underwriters to join K2,” added
Lee Equity has extensive investment experience in the financial services, business services and healthcare services sectors. Over the past decade, Lee Equity has invested and committed approximately
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