News
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June 4, 2024
YourPolicy Receives Growth Investment from LNC Partners
Austin, TX – LNC Partners (“LNC”), a middle market private equity firm, announced that it led a significant growth investment in Your Policy, LLC (“YourPolicy” or the “Company”), a leading independent insurance brokerage platform in support of its continued expansion. The Company is executing on an active M&A strategy, having completed 18 acquisitions over the past four years. YourPolicy management, including Chief Executive Officer Justin Thomas, will continue to lead the company and remain significant shareholders.
Founded in 2020 by CEO Justin Thomas and headquartered in Austin, TX, YourPolicy is a leading technology-enabled independent insurance brokerage platform providing a suite of services to help bolster the operations and growth of its agency locations throughout the United States. The Company is focused on personal, commercial, and employee benefits insurance lines. YourPolicy seeks to partner with and acquire like-minded agencies throughout the U.S. who prioritize client service and can benefit from YourPolicy’s enhanced digital tools and integrated technology platform. YourPolicy looks to maintain its fast-paced growth trajectory and track record of successful M&A integration under the new partnership.
“We are thrilled to partner with the LNC team, who are experienced investors in our space. LNC’s background and capital support complements our mission of continuing to provide excellent insurance solutions to our clients with less hassle. We believe the partnership sets up YourPolicy for continued growth as it establishes itself as a preeminent independent insurance brokerage platform,” said Justin Thomas. “This transaction will enable us to accelerate our organic and M&A growth strategies, while providing new opportunities for our employees and key industry and carrier partners.”
“Justin Thomas and the entire YourPolicy team have built a highly integrated platform and developed a culture of thoughtful, growth-oriented decision making, which provides the foundation for continued rapid expansion. We are excited about the opportunity to partner with the team as they enter their next phase of growth” said Matt Kelty, Managing Partner at LNC.
Piper Sandler & Co. served as exclusive financial advisor to YourPolicy in this transaction, and Frost Brown Todd, LLP served as the Company’s legal advisor. Moore & Van Allen PLLC served as legal counsel to LNC.
For additional information about this transaction, please contact:
Matt Kelty
Managing Partner
(703) 651-2147
[email protected]
Jon Felsher
Principal
(703) 651-9177
[email protected]
About YourPolicy
Founded in 2020 and headquartered in Austin, TX, YourPolicy is a full-service independent insurance brokerage providing the highest level of service to its employees, customers, and carrier partners. The company specializes in personal lines, small and medium sized commercial lines, and employee benefits policies via its network of agency locations across the Pacific Northwest, South, and Northeast.
For more information, please visit https://your-policy.com/
About LNC Partners
LNC Partners, established in 2012 with over $700 million in committed capital raised to date, specializes in supporting the growth of lower middle market businesses. Often serving as the first institutional capital partner for management and founder-led firms, LNC differentiates itself by offering customized capital solutions that can combine equity and debt, along with strategic support. LNC’s flexible approach allows it to invest in either control or minority positions, while maintaining a disciplined focus on sectors with stable demand drivers and sustainable profitability.
For more information, please visit https://lnc-partners.com/