Equal Parts purchases US-based Strategic Insurance

Core Insights - Equal Parts has acquired Strategic Insurance, a US-based company that serves families and small enterprises, although financial details of the deal are undisclosed [1] - The acquisition aims to leverage Equal Parts' technology and operational resources to enhance Strategic Insurance's administrative efficiency and client engagement [2][3] - Equal Parts emphasizes a partnership approach, focusing on growth and innovation while maintaining the local identity of Strategic Insurance [3][4] Company Overview - Strategic Insurance was founded in 2020 by Benito Ortiz and has grown to serve over 2,500 clients [1] - Equal Parts collaborates with independent agencies, providing technology, funding, and operational support to facilitate growth [3] Leadership Perspectives - Benito Ortiz expressed that Equal Parts offered a vision for growth and innovation, distinguishing it from other private equity offers [2] - Michael Witte, CEO of Equal Parts, highlighted the remarkable achievements of Ortiz and his team, emphasizing the mission to empower agency founders with necessary resources [4] Future Outlook - The acquisition is seen as a step towards a better future for independent agencies, focusing on speed, innovation, and entrepreneurial growth [5]