ACQUIRED · 2024
Who Acquired Patriot Growth Insurance Services (Capital Raise)?
GI Partners / Summit Partners / Morgan Stanley · $500.0M
The acquisition
Patriot Growth Insurance Services (Capital Raise) (Fort Lauderdale, FL) was acquired by GI Partners / Summit Partners / Morgan Stanley in 2024 for $500.0M. Top 25 US insurance broker focused on growth through acquisitions, completed 64 agency partnerships since 2019 founding. at 0.90× revenue.
Patriot Growth Insurance Services (Capital Raise) at time of acquisition
Revenue
$555.9M
Deal value
$500.0M
Similar insurance agency acquisitions
- Newfront Insurance · acquired by WTW (Willis Towers Watson) in 2026 · $1.05B
- Acrisure (Capital Raise) · acquired by Bain Capital (led $2.1B funding round) in 2025 · $2.10B
- Hub International (Minority Investment) · acquired by Leonard Green & Partners / Hellman & Friedman (minority investment) in 2025 · $1.60B
- Velocity Risk Underwriters, LLC · acquired by Ryan Specialty in 2025 · $525.0M
- McGriff Insurance Services · acquired by Marsh McLennan in 2024 · $7.75B
Run a valuation for a similar insurance agency business
Three fields, instant range, backed by 25,592 real M&A transactions including this one.
Open the insurance agency calculator →More on insurance agency valuations
- Value a staffing agency
- Value a it services
- Value a dental practice
- Insurance Agency valuation calculator· head-term variant
- Insurance Agency median multiples· real-deal benchmarks
- How to value a insurance agency· long-form guide
Sourced from Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2024). Patriot Growth Insurance Services (Capital Raise) acquired by GI Partners / Summit Partners / Morgan Stanley. https://exitvalue.ai/acquired/patriot-growth-insurance-services-capital-raise