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Stock impact report

Reverence Capital Partners Enters into Definitive Agreement to Acquire Sunstar Insurance Group [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
services businesses, today announced it has agreed to acquire a majority stake in Sunstar Insurance Group, LLC ("Sunstar"), a leading independent retail insurance broker. The terms of the transaction were not disclosed. Founded in 2012, Sunstar is a Memphis -based retail insurance brokerage platform focused on the Southeast and Midwest United States. The Company operates an integrated hub-and-spoke model, providing Commercial P&C, Personal P&C and Employee Benefits insurance brokerage services to small and medium sized businesses and individuals. With over $1.2 billion in premiums placed, Sunstar is ranked as the 33 rd largest independent insurance agency in the U.S. The agency has exhibited strong growth over the past several years, driven by a combination of consistent organic growth and tuck-in acquisitions. Sunstar is poised to continue its impressive performance and capitalize on numerous initiatives to further accelerate growth. Sunstar will continue to be led by its current Show less Read more
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