Patriot Growth Insurance Protects Additional Funds to Support Rapid Growth

FORT WASHINGTON, Pa., Oga. 9, 2022 /PRNewswire/ — Patriot Growth Insurance Services, LLC (Patriot), one of the nation’s largest and fastest growing insurance companies, has announced that it has secured new financing to support organic growth and acquisition strategies. The additional funds raised represent a significant expansion of Patriot’s existing debt. The promotion is led by existing lender Antares, a leading provider of financial and investment solutions for borrowers and investors.

It was founded in 2019 by the CEO and a 30-year veteran Matt GardnerPatriot lives in Fort Washington, PA. He was recently appointed as the 35thTh a major insurance broker United States in Business Insurance magazine, Patriot has distinguished itself in this competitive market through its unique and highly commercial model, partnering only with the most efficient, highly developed organizations. Patriot is committed to fostering collaborative thinking among all partner organizations. This model has helped Patriot succeed and grow aggressively, with more than 1,500 employees and 120 offices in 23 states.

“Despite the current economic turmoil in the US, I have every confidence in our ability to continue to attract the fastest growing companies in the country,” he said. Matt Gardner, Chairman and CEO of Patriot. “Our model and business strategy are very unique, and the capital raised at this time of investment confirms our strategy to build a national insurance company. We appreciate Antares’ support that continues to help us achieve and exceed our aggressive goals.”

“Antares is pleased to continue our support of GI Partners and Patriot. Patriot’s vision and execution with support from GI Partners has led to impressive growth to date and we look forward to being a part of inspiring Patriot’s continued success,” he said. Matthew EavesVice President at Antares Capital.

About Patriot Growth Insurance Services

Founded in 2019, Patriot is a globally focused insurance company serving workers’ benefits and property & casualty organizations in all regions. United States. The Patriots were ranked 35thTh The largest broker in the US is Business Insurance. With more than 1,500 employees working in 120 locations in 23 states, Patriot’s collaborative model provides resources and support to its organizations, whose leaders continue to be independent in their markets. Patriot creates genuine partnerships with the organizations it works with, and its work philosophy promotes career development opportunities for its dedicated and professional team. Patriot is backed by GI Partners and Summit Partners. For more information, please visit www.patriotgis.com.

About Antares

It’s more than that $50 billion of capital under management and administration as of December 31, 2021, Antares is a private equity loan manager and leader in financing and investment solutions for middle market borrowers and investors. Since its founding in 1996, Antares has built one of the largest and longest-standing middle market companies and has been recognized by industry associations as a leader in middle market credit. Through its Asset Management & Funding division, Antares offers investors the opportunity to invest in mortgages, funds and separately managed accounts. Antares is committed to promoting the growth of the middle market throughout the market. Doing so allows its people, partners and communities to achieve their full potential. The company maintains internal offices Atlanta, Chicago, Angels, new York and Toronto. Go to Antares on www.antares.com or follow the company on LinkedIn at http://www.linkedin.com/company/antares-capital-lp. Antares Capital is a subsidiary of Antares Holdings LP, (collectively, “Antares”).

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Tammy Cameron
VP of Marketing
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SOURCE Patriot Growth Insurance Services