Ropes & Gray represented Altamont Capital Partners in its majority equity investment in Access Holdco Management, LLC, a leading insurance managing general agency focused on the non-standard auto market. Atlanta, Ga.-based Access has grown consistently by providing high-quality insurance services to its insurance companies, reinsurers, producers and policyholders since its founding in 1994.
Altamont is a private investment firm based in the San Francisco Bay Area with over $1 billion of capital under management and focuses on investing in middle-market businesses with leading management teams, helping its portfolio companies reach their full potential.
Terms of the transaction, announced Jan. 5, were not disclosed.
The Ropes & Gray team included private equity partner Howard Glazer (San Francisco), tax partner Amanda Holt (Boston), executive compensation & employee benefits partner Jennifer Rikoski (Boston), labor & employment partner David Mandel (Boston) and finance partner Alexander Zeltser (New York).
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