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High Street buys Nebraska broker

Posted On: Jan. 12, 2023 2:30 PM CST

M&A

High Street Insurance Partners Inc. said Thursday it has acquired Kearney, Nebraska-based Barney Insurance Group Inc.

Terms of the deal were not disclosed.

Barney is a commercial insurance and personal lines broker with a specialty in church insurance.

The deal adds offices in Lexington and Lincoln, Nebraska, to High Street, together with Barney’s 25 employees, led by Dave Chally, agency president, High Street said in a statement.

The acquisition is the first of 2023 for Highstreet, which has now completed 141 since its formation in mid-2018.

Traverse City, Michigan-based High Street is the 26th largest brokerage of U.S. business, according to the most recent Business Insurance ranking. It is owned by private equity firm Huron Capital Partners LLC.