Cravath, Swaine & Moore LLP
07/24/2025 | Press release | Distributed by Public on 07/24/2025 06:11
BroadStreet Partners Completes Strategic Investment
On July 18, 2025, BroadStreet Partners ("BroadStreet"), a leading middle-market insurance brokerage, announced the successful closing of a strategic investment by an investor group led by Ethos Capital, British Columbia Investment Management Corporation and White Mountains Insurance Group, Ltd. ("White Mountains"). Accounts advised by T. Rowe Price Investment Management, Inc. also participated. Ontario Teachers' Pension Plan will retain a significant co control stake in BroadStreet and continue its partnership with the Ethos-led investor group. Cravath is representing White Mountains in connection with the transaction.
The Cravath team is led by partner Maurio A. Fiore and includes associate Obianuju A. Enworom on M&A matters; and partner Christopher K. Fargo and associate Tristan Baylor on tax matters.
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