October 26, 2017
Weil is advising Edgewood Partners Insurance Center, Inc. (EPIC) (a portfolio company of Oak Hill Capital Partners) in its acquisition of Frenkel & Company, one of the largest privately-held insurance brokers in the nation. Upon joining EPIC, the firm will operate as Frenkel & Company – a Division of EPIC. The transaction is expected to close in the fourth quarter of 2017, following the satisfaction of customary regulatory approvals. Financial terms of the transaction were not disclosed.
The Weil team advising EPIC is led by Private Equity partner Christopher Machera and includes Private Equity associates Edi Rumano, Ololade Oladapo (Not Yet Admitted in New York) and Tracy Reyes (Not Yet Admitted in New York). The team also includes Insurance partner Joseph Verdesca; Banking & Finance partner Gabriel Gregson; Technology & IP Transactions Head Michael Epstein; Tax partner Mark Schwed; Executive Compensation & Benefits partners Michael Nissan and Sarah Downie; Complex Commercial Litigation partner John Mastando; Regulatory counsel John O’Loughlin; Antitrust counsel Vadim Brusser; Banking & Finance associates Paul Overmyer, Catherine Kim (Not Yet Admitted in New York) and Glen Forster (Not Yet Admitted in New York); Technology & IP Transactions associate Dennis Adams; Tax associates Gary Silber and Liam Murphy; Executive Compensation & Benefits associate John Kleinjan; Insurance associate Gabriel Gershowitz; Antitrust associate Jonathan Cheng; Complex Commercial Litigation associate Nigar Shaikh; and Regulatory associate Rami Sherman (Not Yet Admitted in New York).