Private equity firm Olympus Partners has sold T&H Group to Alliant Insurance Services.
Olympus has owned T&H Group – a New York-based insurance broker with specialties in surety, construction-related insurance and employee benefits, since April 2006 when it acquired Tanenbaum-Harber and Thesco Benefits. T&H Group later acquired RFF & Associates and Construction Insurance Brokers.
Rob Morris of Olympus Partners commented, “This investment represents an excellent result for Olympus," says Rob Morris, founder of Olympus Partners. "The T&H management team successfully acquired and consolidated the operations of two specialty insurance brokers and added-on several smaller books of business.”
The Olympus team included Paul Rubin, Evan Eason and Val Matena, while Piper Jaffray & Co. advised T&H Group and Olympus on the transaction.
