Highstreet Insurance Partners continues to garner interest with a series of notable moves in recent times. A string of acquisitions such as
Collum Insurance Group in Texas and Kentucky’s
RISE Partners underpins its expansion strategy. In addition, it broadened its employee benefits expertise by partnering with
Wingert Insurance Agency. Furthermore, the formation of
Brightstone Specialty Group highlighted changes in its executive leadership. To support its retail sector clients, a strategic alliance was forged with
Competitoor to enhance global digital marketing strategies. Despite this, some concerns linger as it found itself accused of recruiting underage workers without employment rights over the holiday season.
Highstreet.io also initiated a transformation project turning Buckeye Church property into a residential complex. There was additional news regarding its real estate activities with a report of a $55 million development in Johnson Square and a proposed housing development on High Street, Oakland. While it continued its acquisition spree, Highstreet took over the upstate New York based
H.G. Ellis Agency, expanding its Florida footprint with Flagler Insurance Agency, and acquiring Mitchell Agency again in Florida. Other expansion activities included Highstreet's entrance into Kentucky through the acquisition of RISE Partners and the announced intention to transform a Buckeye Church property into a residential complex. The trend of operational expansion and diversification was also reflected in the formation of a new subsidiary called Brightstone, with
Goodreau named as its CEO.
Highstreet News Analytics from Thu, 29 Feb 2024 08:00:00 GMT to Wed, 25 Dec 2024 09:33:45 GMT -
Rating 2
- Innovation 5
- Information 8
- Rumor -2
