Benchmark International is pleased to announce the transaction between Integrity 1st, Inc and OneDigital, a portfolio company of Onex. This transaction creates a strategic expansion into the Colorado insurance market.
Integrity 1st, Inc. is located in Englewood, Colorado and is a full-service independent property and casualty (P&C) insurance brokerage. Born from humble beginnings in 2008 out of the owner's residence, the company has thrived and expanded into North Dakota and Minnesota. Their mission is to provide exceptional insurance consultation on offerings from 24 separate carriers. They are also virtuosi in advising and providing personal insurance lines and coverages.
Onex is one of the world’s most well-established private equity firms. They acquired majority ownership of OneDigital in 2020. OneDigital is an insurance, financial services, and HR platform that provides personalized and tech-enabled solutions to their clients. Since its inception in 2000, OneDigital has expanded to most major markets nationwide and has over $100 billion in Assets Under Management. OneDigital has been recognized myriad times with awards for their impeccable services in insurance brokerage and consulting, as well as for an exceptional work climate.
Benchmark International convoyed a multitude of buyers and offers to the seller for consideration. The abounding interest ultimately resulted in an offer that the seller could not refuse. Integrity 1st, Inc. was eager to move forward with the transaction because of the rapport they forged throughout negotiations.
“This opportunity was a pleasure to work on. The buyer and seller worked hard to complete this transaction and moved through diligence swiftly. We look forward to seeing what is in store as Integrity 1st, Inc. grows through this transaction.” - Transaction Associate Emilia Muniz, Benchmark International
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $10 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.