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Huron Capital Platform Makes Initial Insurance Agency Investment

Lower-middle-market private equity firm Huron Capital has founded High Street Partners with industry executives Scott Wick and Randy Koch to pursue a buy-and-build strategy in the insurance agency market, and marked the platform launch with its acquisition of Michigan-based Peterson McGregor and Associates (PMA), a provider of commercial insurance, personal lines and employee benefits services. Wick and Koch are partnering with Huron Capital to pursue a buy-and-build strategy in the insurance agency market and will seek to grow the platform through additional acquisitions. PMA leaders Steve McGregor, Dennis Muth, Donn Westman and Raquel Paulus will remain active in their current positions and as shareholders of the company. "We are thrilled to collaborate with Scott and Randy on...