Altamont Capital Partners today announced a majority equity investment into Access Holdco Management, LLC, a leading insurance managing general agency focused on the non-standard auto market. Led by founder Michael McMenamin, who will remain President and CEO, as well as a significant shareholder, Access has grown consistently by providing high-quality insurance services to its insurance companies, reinsurers, producers and policyholders since its founding in 1994.

Michael, commenting on the investment, said: "We are very excited about this transaction and think that it positions Access very well for the future. With Altamont's resources and capital base, we expect a greater opportunity to achieve our business goals while continuing to provide our producers and policyholders with the innovative technology and superior customer experience that have made our company so successful."

Keoni Schwartz, Managing Director at Altamont said: "We are thrilled to partner with Access Holdco Management, LLC to build on the company's successful history and support it in its future endeavors.  The team's achievement in profitably growing its business, and that of its insurance partners, is highly differentiated.  Access also has very strong relationships with its independent insurance producers driven by the company's focus on technology innovation to offer solid underwriting and great customer service."

Terms of the transaction were not disclosed. Posternak Blankstein & Lund LLP and Estabrook Advisors served as Access' legal and financial advisors, respectively. Altamont was advised by Ropes & Gray.