Patriot Integrates 17 Independent Agencies and TRUE Network Advisors to Create Growth-Focused National Insurance Services Platform

Summit Partners provides funding to fuel continued platform growth

Patriot Growth Insurance Services, LLC (“Patriot”) today announced the formation of a new national retail insurance agency in collaboration with 17 independent insurance agencies and TRUE Network Advisors (“TRUE”). With financial backing from growth equity investor Summit Partners, the newly formed Patriot platform offers a collaborative, growth-oriented model that allows partner agencies to operate autonomously while benefiting from the combined resources, strength and experience of a national organization.

Founded and led by CEO Matt Gardner, a 30-year insurance distribution industry veteran, Patriot selectively partners with forward-thinking employee benefits and property & casualty agencies seeking to expand their services as part of a larger network. With 21 offices in 7 states, Patriot is a top-60 U.S. privately held insurance agency that also ranks in the top-20 amongst privately held employee benefits agencies.

“We are building the company that I’ve always wanted to work for.

Patriot is committed to partnering with like-minded entrepreneurs that share our vision of creating a world-class agency focused on operational excellence and a relentless pursuit of growth – both organically and through thoughtful, highly selective acquisitions,” said Matt Gardner, Founder and CEO of Patriot. “We’ve created an environment in which our partner agencies maintain meaningful ownership in the equity, culture and direction of the organization, and can leverage the Patriot platform to focus on delivering the highest quality service to their customers.”

In addition to Matt Gardner, Patriot’s national leadership team includes Chief Acquisition Officer Jay Grevers and Senior Vice President of Mergers & Acquisitions Steve Carroll, both of whom bring a unique blend of transactional and operational experience in the insurance industry.

 

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