Major investment firm acquires stake in Tampa Bay area company

 A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. In late December, funds managed by Blackstone Tactical Opportunities acquired a significant stake in Bradenton-based Sunz Holdings LLC. Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers’ compensation insurance firm. The 350-employee firm has grown revenue 203% since 2016, from $137 million to $415.02 million in 2019. More from the Business Observer.

 

https://www.businessobserverfl.com/article/blackstone-tactical-opportunities-acquired-significant-stake-bradenton-sunz-holdings

Comments

Popular posts from this blog

Tampa Electric Installs Enough Solar Energy for 100,000 Homes; Plans to Retire Another Coal Unit Nearly Two Decades Early

National hotel chain debuts new brand concept in Tampa