Alliant National, who recently completed a partnership deal with Presidio Investors, Ranks No. 4811 on the 2018 Inc. 5000
LONGMONT, Colo. – Inc. Magazine recently revealed that Alliant National Title Insurance Company is No. 4811 on its 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies.
The list represents a unique look at the most successful companies within the American economy. This is the second time Alliant National has been named to the Inc. 5000.
Alliant National also recently completed its next stage of growth through a partnership with Presidio Investors, a private equity firm specializing in mid-market companies.
“Alliant National is honored to make this prestigious and highly competitive Inc. 5000 list again,” said Robert Grubb, Alliant National CEO and president. “The magnitude of strategic planning and hard work that goes into being named to this list is not lost with us.”
Regarding Alliant National’s recently completed partnership with Presidio Investors, Grubb announced to Alliant National leadership and personnel that they and their positions will remain the same. He added that, “With the help of our trusted agents and our amazing team, we’ve built a thriving company aligned with the finest independent title insurance agents in the country. Our new partner [Presidio Investments] maintains a culture that aligns well with ours, and we believe this partnership can support our plans to strengthen and expand our network of independent agents.”
Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The Independent Underwriter for The Independent Agent®, Alliant National believes in putting other people first. The company protects the dreams of property owners with secure title insurance and partners with 400+ trusted independent title agents as a licensed underwriter in 22 states, with annual revenues exceeding $110 million. Visit joinalliantnational.com for additional information.
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2017. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 5000 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
About Presidio Investors
Presidio Investors was founded in 2007 with the goal of bringing large buyout expertise to entrepreneurially-led companies. Presidio invests in talented management teams to provide resources, including operational support and capital, for these entrepreneurs to succeed. For more information on Presidio Investors, please see presidioinvestors.com.
Alliant National Title Insurance Company Announces Presidio Investors Partnership
Underwriter will continue its “Agents First” experience, retain personnel and leadership
LONGMONT, Colo. – The nation’s largest title insurance underwriter with no direct or affiliate operations today announced a plan for the company’s next stage of growth and a partnership with Presidio Investors, a private equity firm specializing in mid-market companies.
Leadership and personnel at Alliant National will remain the same. The company will continue to deliver on its well-known “Agents First” service experience, which is what propelled Alliant National to become a Top 10 title insurance underwriter in only 12 years, according to financial stability rating firm Demotech.
“Alliant National believes in the essential role independent agents play in protecting the property rights of our mutual customers,” said Robert Grubb, Alliant National CEO and president. “With the help of our trusted agents and our amazing team, we’ve built a thriving company aligned with the finest independent title insurance agents in the country.
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“We are excited to have a new partner whose culture is closely aligned with ours, one that can accelerate the plans we have determined are critical to strengthening and expanding our network of independent agents,” Grubb said.
“This is an exciting opportunity for Alliant National and our agents,” said Kyle Rank, Alliant National executive vice president of agency. “The trust our agents have placed in us has allowed us to grow to this degree, and we now have a chance to deliver something really meaningful back to them. We’ll be able to provide more solutions, add more value – and provide additional resources that can help our agents excel in their businesses.”
Alliant National is an industry pioneer that distinguishes itself from competitors by putting the interests of independent agents first. Bolstered by a unique alignment of interests with its agents, financial stability, strong underwriting capability and independent agents’ in-depth knowledge of local markets, the company has established a nationwide network with deep roots in local communities and a wealth of expertise that is flexible, personalized and continuously growing.
“We are excited to partner with Bob and his team to help Alliant National during its next phase of development,” said Chris Puscasiu, managing partner of Presidio. “Throughout the entire process, we have been impressed by the company’s entrepreneurial culture and drive. We believe that Presidio’s experience and access to additional capital will help Alliant National accelerate its growth and continue to improve its already strong service offerings to its independent agent partners.”
Presidio’s investment is pending approval from regulators and Alliant National’s current ownership group. Waller Helms Advisors served as the exclusive financial advisor, and Brownstein Hyatt Farber Schreck served as legal counsel to Alliant National in the transaction.
Visit joinalliantnational.com/presidio for additional information.
About Presidio Investors
Presidio Investors was founded in 2007 with the goal of bringing large buyout expertise to entrepreneurially-led companies. Presidio invests in talented management teams to provide resources, including operational support and capital, for these entrepreneurs to succeed.
About Alliant National
Alliant National is an industry pioneer that distinguishes itself from competitors by putting the interests of Independent Agents first. Bolstered by financial stability, strong underwriting capability and Independent Agents’ in-depth knowledge of local markets, the company has established a nationwide network with deep roots in local communities and a wealth of expertise that is flexible, nuanced and continuously growing.
Alliant National’s CEO, Bob Grubb, can be reached at 303.682.9800 x300 or bgrubb@alliantnational.com.
Visit joinalliantnational.com for additional information.
About Alliant National Title Insurance Company
The Independent Underwriter for The Independent Agent® Alliant National believes in putting other people first. The company partners with 400+ trusted independent title agents as a licensed underwriter in 22 states, with annual revenues exceeding $120 million, and protects the dreams of property owners with secure title insurance.