Venbrook Group swoops for firms on both coasts
With the acquisitions of RD Parisi and DMA and earlier investments in Megan Insurance and ComStar Insurance Solutions, Venbrook has seen rapid growth over the past year and now employs more than 600 people.
“Joining forces with RD Parisi and DMA marks an exciting milestone in Venbrook’s evolution,” said Jason Turner, president and CEO of Venbrook. “We have long admired both companies, their business acumen and culture. Their unparalleled expertise and world-class talent are a great addition to our company. With Parthenon’s ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth.”
“We couldn’t be happier to join the Venbrook fold,” said Duke Snider, CEO of DMA. “In these changing times, we have remained decidedly old-school, with service at a customer’s fingertips and always with a human touch. Partnering with Venbrook will allow us to continue to deliver the same level of service our clients have come to expect.”
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“Venbrook has an outstanding industry reputation and leadership team,” said Rob Parisi, founder and president of RD Parisi. “We’re thrilled with the acquisition and the ability to offer our clients a broader portfolio of products and services through the Venbrook platform. We’ll continue delivering the same level of personalized customer service our clients have always valued, and now with more capability and resources. Truly, it’s a win for everyone.”
“When we first invested in Venbrook in 2020, we saw an incredible opportunity to partner with an energetic team and back an aggressive plan for both organic and strategic growth,” said Andrew Dodson, managing partner at Parthenon Capital. “We are pleased to continue to support that plan with these acquisitions, and remain extremely optimistic about Venbrook’s growth trajectory.”