FIrm grows rapidly in bid to fend off merger proposals

Private equity firms are circling the insurance industry. One firm, behind a bold acquisition and organic growth strategy, aims to remain independent.


  • By Mark Gordon
  • | 6:00 a.m. May 3, 2019
  • | 0 Free Articles Remaining!
Mark Wemple: Trevor Baldwin, partner at Krystyn Sherman Partners, says a priority for the Tampa firm is to remain independent.Â
Mark Wemple: Trevor Baldwin, partner at Krystyn Sherman Partners, says a priority for the Tampa firm is to remain independent.Â
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Trevor Baldwin’s phone rings regularly with someone dangling a lucrative opportunity: to buy Baldwin Krystyn Sherman Partners, the Tampa firm his dad, Lowry Baldwin, co-founded and where the younger Baldwin has been a partner since 2009.

“The insurance industry has been consolidating at a rapid rate,” says Baldwin. “There’s no shortage of folks who call on us.”

 

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