M&A
confidence high
sentiment positive
materiality 0.60
White Mountains invests $150M alongside Ethos Capital and BCI in BroadStreet Partners
WHITE MOUNTAINS INSURANCE GROUP LTD
- White Mountains to invest $150M as co-lead investor with Ethos Capital and BCI for ownership stake in BroadStreet.
- BroadStreet is a leading North American insurance brokerage with co-ownership model across 30 Core Agency Partners.
- Ontario Teachers' Pension Plan retains significant co-control stake and continues as partner.
- Investment supports BroadStreet's technology and digital transformation initiatives.
- BroadStreet operates in all 50 U.S. states and 10 Canadian provinces.