American Wholesale Signs Definitive Agreement to Sell Majority Interest to Parthenon Capital.CHARLOTTE, N.C. -- American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Wholesale Insurance Group (AmWINS), the leading independent insurance wholesaler, announced the signing of a definitive agreement to sell a majority of its ownership to affiliates of Parthenon Parthenon (pär`thənŏn) [Gr.,=the virgin's place], temple sacred to Athena, on the acropolis at Athens. Built under Pericles between 447 B.C. and 432 B.C., it is the culminating masterpiece of Greek architecture. Capital, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a Boston and San Francisco-based private equity firm in a transaction where management will continue to own a substantial portion of the Company. The consummation CONSUMMATION. The completion of a thing; as the consummation of marriage; (q.v.) the consummation of a contract, and the like. 2. A contract is said to be consummated, when everything to be done in relation to it, has been accomplished. of the transaction is subject to normal and customary closing conditions. With offices in over 35 locations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , AmWINS (www.amwins.com) is a wholesale insurance brokerage firm dedicated to serving retail agents throughout the U.S. by providing property and casualty brokerage, program administration, and group life and health brokerage services. AmWINS generates total premium placements of over $2.4 billion annually, making it the largest independently-owned wholesale insurance broker operating in the United States. Parthenon Capital is a $1.1 billion private equity firm with offices in Boston and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Parthenon works with owners and managers to build value by offering growth capital and strategic operating expertise enabling a company to reach its Full Potential. Parthenon provides equity capital to mid-sized companies with revenues between $50 million and $500 million. Parthenon Capital has a particular expertise in the following industries: Business/Financial Services, Healthcare, Value-Added Distribution, Consumer Products and Niche Manufacturing. For more information, visit www.parthenoncapital.com. |
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