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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.

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