Highstreet, the insurance acquisition leader, has been at the forefront of major moves and partnerships in the industry. Notably, it announced the formation of
Brightstone Specialty Group alongside significant executive leadership moves. This came as the company expanded its employee benefits offerings and acquired several insurance agencies, notably
Wingert Insurance Agency based in Washington,
H.G. Ellis Agency, based in New York, Texas-based
Collum Insurance Group, and the Florida-based
Flagler Insurance and
Mitchell Agency. These strategic moves fortify Highstreet's presence across key regions in the States. Also transforming property estate, Highstreet is transforming the Buckeye Church Property, intending to create 510 apartment units.Meanwhile, Highstreet is set to launch high street rental auctions by December 2, 2024. Other notable acquisitions include
RISE Partners, marking Highstreet's entry into the Kentucky Insurance market, and the
Mitchell Agency in Florida. Also vital is the
Dudek deal, bolstering the company's footprint in the Michigan region.Additionally, Highstreet's CEO
Goodreau was selected to head the newly formed subsidiary, Brightstone. However, amid the success, there were setbacks, including the arrest made after a girl was knocked down in a Highstreet collision and multiple injuries from a three-vehicle crash on South High Street.On the development front, there's $55 million worth of development slated to come to Johnson Square. Meanwhile, Highstreet's Residential Project, Bellevue, is seeking Design Review Approval, and an indoor playground is set to open at Abbotsford's Highstreet Shopping Centre.Financing-wise,
Highstreet IT Solutions received an investment from CIVC Partners.
Sober Sidekick also received an investment from Highstreet Equity Partners. In essence, Highstreet has exhibited brilliant business acumen with strategic acquisitions, partnerships, and broadened offerings, geared towards reinforcing its industry dominance while exploring new markets.
Highstreet News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Wed, 15 Jan 2025 12:57:25 GMT -
Rating 8
- Innovation 7
- Rumor 3
