Business & Consumer Services Private Equity Investment
GTCR has had a strong history of business and consumer services investment. Our Business & Consumer Services team builds companies that provide an essential service to other growing businesses.
GTCR selectively pursues these business and consumer services investment opportunities in areas with strong growth and solid underlying fundamentals. Our private equity firm looks to partner with exceptional management leaders who have proven their ability to generate superior business growth through product or service innovation, strong sales management and integrated brand marketing excellence.
Since the firm’s inception in 1980, GTCR has partnered with management teams in more than 200 investments to build and transform growth businesses. Since 2010, the BCS group has invested in over 230 transactions valued at more than $17 billion, inclusive of ten new platform investments and 220+ add-on acquisitions. Today, we continue to identify attractive growth business investment opportunities.
AssuredPartners
AssuredPartners is one of the fastest-growing, full-service insurance brokers in the United States, offering property and casualty and employee benefits insurance products and services to middle-market businesses, public institutions and high-net worth individuals. The company serves over 400,000 clients and offers an extensive portfolio of more than 250 products and services from more than 1,700 insurance carriers. Founded in 2011, AssuredPartners is the twelfth largest insurance broker in North America with over 225 offices in 36 states and the United Kingdom.
Randy Larsen
Randy Larsen was named CEO of AssuredPartners in 2023, succeeding founder Jim Henderson in the role. He has been with the Company (and its predecessor companies) for nearly three decades, previously serving as President and Regional President of AssuredPartners. He graduated from Nebraska Wesleyan University with a B.S. in Finance.
Jim Henderson
Jim Henderson is Executive Chairman of AssuredPartners. Previously, he served as Chief Executive Officer from founding the Company in March 2011 through September 2023. Jim has over 40 years of experience in the insurance brokerage industry. He began his career as a certified public accountant with Ernst & Ernst. For ten years, he served as Chief Financial Officer and Executive Vice President with Ormond Reinsurance Group. From there, he spent 25 years with Brown & Brown, a publicly traded national insurance brokerage, progressing from Chief Financial Officer to serving as Vice Chairman and Chief Operating Officer from 2007 through his retirement in August of 2010.
Jim is a Chartered Property Casualty Underwriter, former Certified Public Accountant and earned his B.S. degree from Florida State University in Accounting and Economics.
Randy Larsen
Randy Larsen was named CEO of AssuredPartners in 2023, succeeding founder Jim Henderson in the role. He has been with the Company (and its predecessor companies) for nearly three decades, previously serving as President and Regional President of AssuredPartners. He graduated from Nebraska Wesleyan University with a B.S. in Finance.
Jim Henderson
Jim Henderson is Executive Chairman of AssuredPartners. Previously, he served as Chief Executive Officer from founding the Company in March 2011 through September 2023. Jim has over 40 years of experience in the insurance brokerage industry. He began his career as a certified public accountant with Ernst & Ernst. For ten years, he served as Chief Financial Officer and Executive Vice President with Ormond Reinsurance Group. From there, he spent 25 years with Brown & Brown, a publicly traded national insurance brokerage, progressing from Chief Financial Officer to serving as Vice Chairman and Chief Operating Officer from 2007 through his retirement in August of 2010.
Jim is a Chartered Property Casualty Underwriter, former Certified Public Accountant and earned his B.S. degree from Florida State University in Accounting and Economics.