Amerilife
AmeriLife Group is the largest independent distribution organization of life and health insurance products serving the growing pre-retiree and retiree markets.
Investment Thesis:
- Market leader in the distribution of high-growth senior medical products
- A fragmented industry that was in an early stage of consolidation
- High margin, high recurring revenue, diversified by customer, supplier, and product
- Undermanaged business
Value Add:
- Recruited CEO, who JCF believes made a significant impact at AmeriLife
- Supported AmeriLife’s M&A initiatives. AmeriLife completed five acquisitions during JCF’s investment.
- Encouraged and supported new management team initiatives to promote growth and talent development
- Implemented a new agent interface technology, which enabled moving many functions online, including agent contracting and customer applications.
Key Details
Location:
Clearwater, Florida
Fund:
JCF III
Subsector:
Business and Insurance Services
Investment Date:
July 2015
Realization:
March 2020
