M&O Partners with Simplicity Group

Southfield, MI – September 13, 2024 /PRNewswire/ – Platform Partners (“Platform”), a private investment firm based in Houston, announced the merger of M&O Capital (“M&O” or the “Company”) with Simplicity Financial Marketing Group Holdings (“Simplicity”). Headquartered in Southfield, MI, M&O is a comprehensive insurance services organization offering access to insurance products and marketing services to independent agents nationwide.

“We appreciate the effort the entire M&O management team put into the Company to make this partnership successful. It was a pleasure to work with Dennis and Denise to make investments in people, processes, and technology to position M&O for sustainable, long-term growth,” said Jeremy Newsom, Executive Vice President of Platform.

Dennis Brown, CEO of M&O, commented, “It was a pleasure partnering with the Platform team. In addition to helping us make key hires across the organization, they were able to navigate the due diligence process with Simplicity, ensuring we maximized value for my family and me as majority owners of the Company. I appreciated their willingness to assist us over the past four years as we grew our business.”

Vik Kalra, Executive Vice President of Platform, added, “I enjoyed getting to know Dennis and Denise when I first met them in 2016. The Brown Family invested time in learning more about how we could help them as their partner, which culminated in our investment in January 2020. I admired Dennis and Denise’s ability to build a strong culture at M&O, which valued hard work and treated their customers like family. The results were apparent when we merged M&O with Simplicity.”

About M&O Capital, LLC
M&O Capital is the parent company of two operating divisions: M&O Marketing and CoreCap Investments & Advisors (“CoreCap”). M&O Marketing is a leading independent marketing organization providing support and innovative, creative services to thousands of independent financial professionals nationwide. CoreCap is a broker-dealer and registered investment advisor that brings registered representatives, investment advisor representatives, and their clients comprehensive financial planning strategies along with investment advisory and brokerage services. For more information, please visit www.mandomarketing.com and www.corecapinv.com.

About Platform Partners LLC
Founded in 2006, Platform Partners LLC is a private investment company based in Houston that makes investments in lower middle-market companies with the intent of growing these businesses into industry leaders through a combination of organic and acquisition growth. Platform invests through a perpetual holding company structure allowing for a long-term, patient approach to partnering with entrepreneurs to build companies. The company manages total assets of approximately $850 million. For more information, please visit platformllc.com.