Investor Info

 

Ascension Insurance Inc., is led by Leonard P. Kline, Jr., a 30-year veteran of the insurance industry.  He has spent the last five years successfully consolidating middle-market agencies as CEO of Compass Insurance Agency, Inc., President of Compass Indemnity Corporation, and President of Compass Consulting and Benefits.  With the support of private equity partners Parthenon Capital and Century Capital Management, Ascension enjoys an unrestrained geographic footprint and an initial $50 million of equity to pursue its goal of building a premier insurance resource to the middle market.           

                   

Our Equity Partners

Parthenon Capital is a private equity firm with over $1.8 billion under management. Located in Boston, MA and San Francisco, CA, it provides capital resources and strategic expertise to growing middle market companies for acquisitions, internal growth strategies and shareholder liquidity. The firm offers particular expertise in insurance, business and financial services.  Parthenon is currently partnered with AmWINS Group, Inc., the nation’s largest wholesale insurance broker as ranked by Business Insurance magazine.

 

Century Capital Management manages over $2 billion in public and private equities and is a preeminent provider of private equity capital to the insurance industry. Located in Boston, Century has become a key lead investor for middle-market private equity insurance transactions.  Collectively, the principals of Century’s Private Equity Group have over 140 years of investing and operating experience in the insurance industry.  Century’s insurance investments have included Alliant Insurance Services, Catalina Holdings, Cyrus Reinsurance Holdings, Forethought Financial, Integro, Thompson Insurance Enterprise, and Wilton Re.