January 14, 2021
Newly Formed ALKEME Insurance Brings Together a Group of Seasoned Brokerages Focused on P&C, Benefits, Surety, Risk & Wealth Management to Create a Nationwide Platform
National retail insurance platform sponsored by equity investor GCP Capital Partners
Ladera Ranch, CA, January 14, 2021 - ALKEME Holdings, LLC (“ALKEME”) announced the creation of a national retail insurance platform sponsored by equity investor GCP Capital Partners. ALKEME has developed a transformative model which connects agency partners with innovative solutions to accelerate growth. ALKEME's agency partners maximize growth by focusing on sales, support and client service while leveraging the fully integrated technology and operations platform.
Founded by a select group of agency partners who share a long history of collaboration and innovation, ALKEME is led by CEO Curtis Barton, a 23-year insurance industry veteran. ALKEME partners with ambitious entrepreneurs with established businesses looking to accelerate their growth through automation and collaboration. ALKEME is a top-100 U.S. privately held insurance agency.
“We have recognized for years that our industry is shifting due to rapid changes in the marketplace, and we saw an opportunity to create a new, fresh, and innovative company. Our goal is to build a culture that emphasizes technology, facilitates collaboration, and accelerates growth.” said Curtis Barton, Founder and CEO of ALKEME. “We’ve created a company based on the simple idea of allowing our agency partners to benefit from scale while maintaining their freedom and identity to confidently grow their business, streamline their operations, enhance their profitability, and create long-term wealth.”
Boris Gutin, Managing Director at GCP Capital Partners, said, "We have made a large number of investments in the insurance industry over the years and have known the ALKEME team for over five years. We have watched ALKEME steadily gain market share, particularly on the West Coast, through organic growth and as additional agencies joined its network. We believe ALKEME, with management's long history as owner/operators, offers a more attractive operating model for other agency owners. We look forward to supporting the ALKEME team as they significantly grow the business."
In addition to Curtis Barton, ALKEME has built a leadership team which includes Anton Rosandic, Chief Operating Officer, Steve Mathews, Chief Financial officer, Jinger Liner, Human Resources Director, and Jen Titus, Director of Agency Support.
About GCP Capital Partners
GCP Capital Partners, LLC ("GCP") is a middle market private equity investment firm with $1.8 billion in committed capital since its formation. GCP has completed over 60 transactions since its inception in 2000. GCP has been an active investor in the software, insurance and technology industries, having invested over $600 million in these sectors. GCP’s prior insurance investments include Acrisure, ClearView Risk, Ironshore and Republic Insurance. GCP’s principals have over 100 years of combined private equity experience and have substantial personal capital invested in the funds. For more information about GCP Capital Partners, please visit http://www.gcpcapital.com.