New Agent Acquisitions, Deals: Upstack, Renodis, Bridgepointe

One Minnesota-based agency bought a company; another was bought.

James Anderson, Senior News Editor

September 27, 2022

6 Slides

The technology advisor space, also known as the agent channel, is seeing a constant stream of financial transactions.

The agent partner model continues to grow its adoption with vendors and customers. In the meantime, investors are showing more interest in partners than ever, and agents are making moves ensure their long-term financial stability. They might need the capital to scale or in many cases need a retirement option. Some agents are joining private equity-fueled rollups with their peers. Others are making one-off moves to buy or be bought by a fellow agent. Still, others are accepting financing or “partner” status from their distribution partner.

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

All three types of deals occurred in the last month. The first story involves Upstack, which on Tuesday added to its list of agent acquisition. The second story, announced last Friday, involves Minnesota-based Renodis purchasing Pennsylvania-based Eric Ryan Corporation. The third story doesn’t land in the proper category of M&A, but it involves Bridgepointe Technologies putting its investment from Charlesbank Capital Partners to good use.

Go through the images above to see the latest agent-related M&A.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email James Anderson or connect with him on LinkedIn.

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About the Author(s)

James Anderson

Senior News Editor, Channel Futures

James Anderson is a news editor for Channel Futures. He interned with Informa while working toward his degree in journalism from Arizona State University, then joined the company after graduating. He writes about SD-WAN, telecom and cablecos, technology services distributors and carriers. He has served as a moderator for multiple panels at Channel Partners events.

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