Navacord Announces Management Led Buy Out with the Support of Madison Dearborn Partners
Navacord Inc. (Navacord), a leading Canadian insurance brokerage, announced today that it has entered into an agreement for a management led buyout of its minority capital partner with the support of Madison Dearborn Partners (MDP), a leading private equity firm based in Chicago. The partnership with MDP will accelerate Navacord’s organic growth strategy and help support the addition of future broker partners across Canada.