other_material
confidence high
sentiment neutral
materiality 0.60
White Mountains closes $150M strategic investment in BroadStreet Partners
WHITE MOUNTAINS INSURANCE GROUP LTD
- White Mountains invested $150M in BroadStreet as part of a group led by Ethos Capital, BCI, and T. Rowe Price.
- Ontario Teachers' retains a significant co-control stake and continues partnership with the Ethos-led group.
- BroadStreet is a middle-market insurance brokerage offering commercial and personal P&C and employee benefits solutions.
- Investment aims to support BroadStreet's Core Agency Partners with M&A, capital solutions, and digital transformation tools.
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