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ATLANTA – April 28, 2015 – Digital Insurance (digitalinsurance.com), the nation's largest employee benefits-only advisor, successfully secured a $120M credit facility, underscoring Digital’s growth potential, marketplace leadership and experience in the deployment of acquisition capital. A syndicate of five financial institutions -- led by Bank of America Merrill Lynch, N.A. and JPMorgan Chase Bank, N.A., and joined by PNC Bank, N.A., Regions Bank and Newbridge Bank -- partnered with Digital to provide growth-oriented financing for the next phase of the company’s robust strategy of consolidation in key markets around the country.
"We have a clear understanding of what it takes to attract agency partners who will thrive as part of Digital,” says Adam Bruckman, president and CEO, Digital Insurance. “Our lending group clearly understands the pipeline of acquisitions we have in place and our ability to execute on these transactions.”