WELLESLEY, Mass., October 7, 2021 – Morgan Partners is pleased to announce that our client AgencyBloc, a leading agency management system (AMS) purpose built for life and health insurance agencies/brokers/MGAs, has received a strategic equity investment from Resurgens Technology Partners. This investment marks Resurgens’ seventh platform investment and thirteenth acquisition, and will enable Agencybloc to substantially accelerate its sales & marketing and product development initiatives.

AgencyBloc’s cloud-based SaaS platform leverages industry-specific customer relationship management (CRM) and policy management, commissions, integrated business and sales automation, custom reporting, and more for its long list of happy life and health clients.  AgencyBloc has grown from a bootstrapped organization founded by three seasoned insurance technology executives to a thriving firm with over 60 employees now poised for another period of explosive growth.

“We are extremely pleased with our selection of Morgan Partners to represent us in this process” said Adam Lewis, CEO and co-founder.  “Their deep understanding of the insurance sector, longstanding relationships with all interested buyers, and careful attention to every detail produced a fantastic outcome.  Morgan Partners has our full endorsement.  We’re really excited to launch the next chapter of AgencyBloc in partnership with Resurgens.”

Hugh Keefe, Managing Director at Morgan Partners, remarked “Adam and Cory have built a great company, and they were a pleasure to work with throughout our engagement.  It’s been gratifying to help them find such a great fit with the Resurgens team.  We certainly hope to have an opportunity to partner with them again down the road.”

This is the sixth fintech transaction for Morgan Partners in 2021 in what has already become another consecutive record year for the firm. Terms were not disclosed. More information can be found here.

About AgencyBloc

AgencyBloc is the #1 agency recommended management system, helping insurance agencies secure and grow their business with an industry-specific CRM, commissions processing and integrated business and sales automation. Headquartered in Cedar Falls, IA, AgencyBloc was founded in 2008.

About Resurgens Technology Partners

Resurgens Technology Partners is a tech-focused private equity firm investing in North American and select European lower middle-market application and IT/infrastructure software businesses. Resurgens’ growing team offers a diversity of investing, operating and talent management experience, applying an active and engaged value creation approach with each portfolio company. Resurgens is headquartered in Atlanta, GA, with additional professionals located in Austin, London and Silicon Valley.

About Morgan Partners

Morgan Partners is a highly focused middle-market financial technology investment bank. Our tailored, expert services, deep industry relationships, and vertical domain expertise allow us to provide “best execution” simply not available at other firms. Our services consist of sell-side and buy-side M&A, capital raising, and strategic advisory to technology companies in the insurance, capital markets, banking, and related sectors. Visit www.morganpartners.com to learn more.