Peugeot Invest to invest $125m in BroadStreet Partners

GlobalData

Wed, May 14, 2025, 7:12 AM 1 min read

Peugeot Invest has announced a $125m (€111.41m) concern successful BroadStreet Partners, a security brokerage, arsenic portion of a consortium led by Ethos Capital.

The transaction forms a cardinal constituent of the company's superior reorganisation.

Last month, the consortium, which includes Ethos Capital, British Columbia Investment Management and White Mountains, agreed to get an ownership presumption successful BroadStreet.

With this, the Ontario Teachers’ Pension Plan, which has been the bulk shareholder since 2012, volition support a co-control presumption alongside the caller investors.

BroadStreet Partners, which operates crossed the US and Canada, specialises successful spot and casualty security for businesses and individuals, arsenic good arsenic worker benefits solutions.

The company's co-ownership operation involves equity held by much than 800 colleagues successful Core Agencies.

Founded successful 2001, BroadStreet has grown to study much than $2bn successful revenue.

Peugeot Invest CEO Jean-Charles Douin said: “Peugeot Invest continues to execute connected its selective concern strategy by making important number investments successful precedence sectors and geographies, alongside renowned partners.

“Our concern successful BroadStreet Partners intelligibly reflects this ambition: the institution boasts an charismatic concern model, combining precocious profitability, recurring revenues and beardown currency travel generation. We are pleased to invited this caller summation to our concern portfolio.”

"Peugeot Invest to put $125m successful BroadStreet Partners " was primitively created and published by Life Insurance International, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.