is a tech-enabled national financial services organization. The Company's tremendous growth over our investment period is a testament to our collaborative partnership and Patrick and his team's passion for providing exceptional service to agents and families." said Greg Share, Chairman of Ambina Partners.Īmbina and PHP were advised on the transaction by Houlihan Lokey.įounded in 2009, PHP Agency Inc. "It's been a privilege to partner with PHP and its leader, Patrick Bet-David, who is an extraordinary entrepreneur. "In addition to providing financial support, Ambina helped us with critical decisions as we built the team and infrastructure necessary to effectively carry out our mission to increase diversity in life insurance, while helping families secure better financial futures." "Ambina has been an instrumental partner in driving the growth and success of our company over the past five years." said Patrick Bet-David, Founder and CEO of PHP. PHP has more than tripled its revenue since 2017 and now serves its customers through over 170 offices across the country. Over the past five years, Ambina has partnered with management to build out corporate infrastructure, recruit top-tier executive and operational talent, and upgrade the Company's IT stack to transform PHP into a truly technology-enabled business. PHP has been acquired by Integrity Marketing Group.Īmbina invested in PHP in 2017, providing growth capital as the Company's first institutional investor. ("PHP", or "the Company"), a leading life insurance Field Marketing Organization ("FMO") focused on serving the diverse middle-class market with an emphasis on the growing Hispanic-American community. GREENWICH, Conn., J/PRNewswire/ - Ambina Partners LLC ("Ambina"), a private investment firm supporting growth-oriented middle market businesses, sold its interests in PHP Agency, Inc.
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