Longshore Capital and Team One Complete Acquisition of ProStar

Home » Longshore Capital and Team One Complete Acquisition of ProStar

Team One Insurance Services (“Team One”), a leading multi-line independent insurance claims adjusting company, is pleased to announce that it has acquired ProStar Adjusting, LLC (“ProStar”), an independent insurance claims adjusting company headquartered in Weatherford, Texas. With the financial and strategic backing of Longshore Capital Partners, a Chicago-based private equity firm, this new partnership broadens Team One’s customer base across leading insurance carriers, and further strengthens the Company’s daily and catastrophe claims businesses. The ProStar team, led by Brandy Helms and Cody Chrismon, will be continuing under the Team One Insurance Services umbrella and will maintain their current roles to ensure continued, high-quality support for their clients. 

“The addition of ProStar to Team One furthers our continuous growth across a marquee client base” said Jeff Martin, Chief Executive Officer of Team One. “This partnership allows us to offer a deeper set of services and expanded geographic reach to the ProStar customers, while further enhancing our team with the additions of Brandy, Cody, and their entire staff.”

Mrs. Helms added, “ProStar Adjusting has a history of providing a top-notch, family-centered approach to claims. Together with Team One’s geographic reach, we can’t wait to bring a higher-level claims experience to our adjusters, clients, and their policyholders. We are excited to be joining the folks at Team One!”

“Team One is a unique asset in the insurance services industry and is building its reputation as an acquirer of choice” commented Longshore partner Ryan Anthony. “We are excited about the addition of ProStar to Team One, and look forward to working with Brandy and Cody in the next phase of growth.”

If you have questions regarding this transaction or would like to discuss other business services-related opportunities, please contact Ryan Anthony or Nick Christopher of Longshore at (312) 237-3838.

About Longshore Capital Partners
Longshore Capital Partners is a middle-market private equity manager focused on acquiring control positions in services businesses in North America with $5 to $15 million of EBITDA. The firm has extensive experience partnering with founders and management teams in the lower middle-market and executes a systematic approach to creating shareholder value through a cooperative strategic plan.

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