Bindable Enters Next Chapter of Growth Through Acquisition by Franklin Madison
“Franklin Madison gives us the ability to build on what’s working, continue evolving the business, and pursue the next phase of growth from a much stronger position." — Bill Suneson, co-founder and CEO of Bindable Bindable, a leading insurance industry leader in alternative distribution technology and white-label agency operations, has agreed to be acquired by Franklin Madison, a portfolio company of Mill Point Capital LLC. The acquisition brings together Franklin Madison's resources and expertise to accelerate growth of Bindable's Insurance-as-a-Service platform. The companies will be able to scale Bindable’s Insurance-As-Service model while creating greater value across its partner ecosystem. Following the transaction, Bindable will continue to offer its technology as a stand-alone Software-as'-a-Servic solution for organizations with their own agency operations. The white-brand agency model will become part of Franklin Madison’�s broader insurance distribution offering.
Opublikowany : 4 godziny temu za pomocą Mary Clare Riordan w Business Tech
The combination brings together Franklin Madison’s reach and resources with Bindable’s technology and P&C expertise to accelerate growth of its Insurance-as-a-Service platform.
Boston, MA – October 2... [5000 symbols]
