Keystone Agency Partners upsizes credit facility to $265 million

By William Gullotti

Buffalo, N.Y., Dec. 22 – Keystone Agency Partners amended and upsized the senior credit facility it acquired in May 2021 by $160 million to $265 million, according to a press release on Wednesday.

Madison Capital Funding LLC leads the expanded syndicate of lenders.

“Broadening our lending syndicate enables us to continue partnering with exceptional agencies who are looking to reach the next level of success and growth,” said Tony Rossi, chief financial officer of Keystone Agency Partners, in the release.

Proceeds will be used to fund strategic growth initiatives.

Keystone is a retail insurance brokerage and wealth advisory firm in Harrisburg, Pa.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.