Embrace Partners and The Black Friday Network form strategic partnership to empower black insurance owners
Acquiring Company
Embrace Partners
Acquired Company
The Black Friday Network
Assam
New YorkInsuranceInsuranceDescription
Embrace Partners, a premier black-owned insurance wholesaler, announces a transformative partnership with The Black Friday Network, the first Black-owned interdisciplinary network of independent agencies. This partnership aims to build a thriving ecosystem of Black insurance owners, providing customized insurance solutions, and empowering underrepresented businesses in insurance to scale and grow.
Quick answer
Embrace Partners is acquiring The Black Friday Network, announced December 4, 2024. Embrace Partners is based in Assam, India.
- How much did Embrace Partners pay for The Black Friday Network?
- The deal value was not disclosed.
- What does Embrace Partners do?
- Embrace Partners is a premier black-owned insurance wholesaler licensed across all 50 states, known for its national reach, access to all major global wholesale markets, and ability to place the most challenging risks.
- Where are Embrace Partners and The Black Friday Network based?
- Embrace Partners is based in Assam, India. The Black Friday Network is based in New York, New York, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired The Black Friday Network?
The Black Friday Network was acquired by Embrace Partners, based in Assam. The deal was reported on December 4, 2024. Embrace Partners is a premier black-owned insurance wholesaler licensed across all 50 states, known for its national reach, access to all major global wholesale markets, and ability to place the most challenging risks. Embrace Partners is privately held and operates in Insurance.
When did Embrace Partners acquire The Black Friday Network?
Embrace Partners's acquisition of The Black Friday Network was reported on December 4, 2024. Embrace Partners, a premier black-owned insurance wholesaler, announces a transformative partnership with The Black Friday Network, the first Black-owned interdisciplinary network of independent agencies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Black Friday Network do?
The Black Friday Network is the first Black-owned interdisciplinary network of independent agencies, representing Property & Casualty, Life, and Employee insurance. It is privately held, operating in Insurance, and is based in New York.
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