News Releases

McColl Partners Closes Financial Services Transaction

McColl Partners, LLC acted as financial advisor to Cameron M. Harris & Company ("Cameron M. Harris"), a Charlotte-based insurance agency and the leading independent broker in the Carolinas, in its sale to Wachovia Corporation. Wachovia Insurance Services expected the acquisition to boost its 2002 year-end revenue to $150 million, ranking it among the top 15 insurance brokers in the United States.

About Cameron M. Harris & Company

Prior to its sale, Cameron M. Harris was the leading independent insurance broker in the Carolinas and the 58th largest in the United States, focusing on commercial insurance, personal risk management, and employee benefits. The company currently has more than 200 employees.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Financial Services Group, please contact Phil Colaco at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.