INDIANAPOLIS, IN--(Marketwired - Jul 15, 2014) -  Oak Street Funding (, which provides financing for insurance businesses, announced today that it has completed several transactions for strategic market clients during the first part of 2014.

Among companies that secured funds were BD Capital Partners (Dayton, OH), a private equity firm and aggregator of insurance agencies; U.S. Risk (Dallas, TX), one of the largest E&S brokers in the United States; and Diversus (formerly DSN Holdings of King of Prussia, PA), a malpractice insurance services provider.

All three companies are focused on acquisition strategies to grow. "These recent transactions speak to growth initiatives in the insurance industry and the increase in M&A activity," commented CEO Rick Dennen. "Oak Street's acquisition loans have always helped organizations initiate buying plans, but our increased lending capacity, structured products for succession loans and recapitalizations and lines of credit for future acquisitions can give buyers the speed and agility to compete with cash buyers," Dennen added.

Oak Street is the insurance industry's preeminent lenders serving the capital needs of retail agencies, brokers and wholesalers. Providing loans up to $15 million, the lender understands the capital needs of larger firms and how to successfully structure complex transactions. Oak Street customers typically find that doing business with the niche lender makes sense for them, especially as traditional banks deal with regulatory issues. Randall Goss, CEO of U.S. Risk, echoed this opinion as he described his experience: "Oak Street has key people in place to structure the right deals and work through the complexities of due diligence for larger loans. They have a thorough understanding of insurance and took the time to gain detailed knowledge about our business, which helped make a good experience overall."

Oak Street recently completed its eleventh year of operation with total fundings in excess of $400 million. In addition to acquisition financing options, the lender provides succession and recapitalization loans for incoming owners to provide liquidity to retiring sellers. These products address the high numbers of owners who will prepare to retire over the next several years by helping existing shareholders make well deserved financial exits and enable ownership for senior management, relatives, or employees. Oak Street continues to look for ways to meet the capital needs of insurance distribution channels.

About Oak Street Funding
The Carmel, Ind.-based Oak Street Funding ( is a family of diversified financial services companies that offers commission-based commercial financing exclusively for insurance professionals and third-party loan servicing for financial institutions. Oak Street utilizes industry knowledge, proprietary technology and passion to deliver top-quality service and capital products to insurance and finance professionals nationwide.