Conifer sells agency arm in $70mn deal, exits Sycamore interest
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Conifer sells agency arm in $70mn deal, exits Sycamore interest

In connection with the transactions, Conifer CEO Nick Petcoff resigned from the position.

By Jairo Ibarra
September 03, 2024
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Business people contract. agreement was signed co-investment business

Embattled carrier Conifer has agreed to sell its insurance agency operations for $45mn and an additional earn-out of up to $25mn.

The

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