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Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners

June 11, 2024

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Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that specializes in the financial services and healthcare industries.

The partnership with Lee Equity strategically positions Axis Insurance for long-term success and growth and complements the company’s existing shareholder base, the broker said. As part of the transaction, Axis Insurance founder and CEO, Alex Meier, retained the majority of his equity stake.

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