Jamieson is pleased to announce that it has advised the management team of Foundation Risk Partners (FRP) on the terms of their management incentive arrangements and equity reinvestment as part of the majority investment from Partners Group. FRP’s management will maintain a substantial equity stake in the business while Warburg Pincus will retain a meaningful minority position.
FRP is one of the fastest growing insurance brokerage and consulting firms in the U.S. With operations in 139 locations across 18 states, the Company is a rare combination of industry experience, leadership, and innovation. FRP continues to expand throughout all regions, coast to coast, with a specific growth strategy that ensures a complimentary mix of industry expertise, coverage, specialized services, location, values and cultural fit.
John Greenland, Michael Sirkin, Evan Alper, and Whitney Cook advised Charlie Lydecker (CEO) and his management team on their reinvestment into the new structure and the terms of the new MIP.
Jamieson Corporate Finance US, LLC is a member of FINRA/SIPC