Keystone Agency Partners upsizes debt facility by $330 million

By Marisa Wong

Los Angeles, Jan. 16 – Keystone Agency Partners said it amended and upsized its existing debt facility by securing an additional $330 million of financing.

Apogem Capital led the financing, which was significantly oversubscribed and jointly arranged by Crescent Capital, both existing lenders to Keystone, according to a press release.

Since May 2021, Keystone has raised nearly $1 billion to pursue its objectives of partnering with premier independent insurance agency platforms, the company noted.

Keystone is an insurance brokerage firm based in Harrisburg, Pa

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