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Culpeper Insurance Partners, LLC (an affiliate of Culpeper Capital, LLC) was established in 2022 to purchase and operate independent insurance agencies and brokerage firms, typically in partnership with their former owners.  We seek to be an owner / investor in insurance firms where the current owners are looking for a perpetuation strategy for their business and a liquidity event involving the sale of some of their equity.  Ideally, we look for partnership opportunities where we can bring capital, deeper resources, scale, and expertise to help insurance firms greatly expand the value of their business and thereby, increase their equity sale proceeds over time.  The principals of Culpeper have transacted more than 100 acquisitions of various sizes and complexity since 2002.


We are well capitalized and you should care.  This is critically important to your future because it isn't just about getting the highest possible purchase price multiple for your firm.  You need a partner that has the ability to pay and meet its present and future financial obligations to you under any deal structure that is negotiated.  At Culpeper, we understand how critical our ability to pay is to your security.  We realize that you can't come out of retirement or have to try to reclaim your business after you've sold it because an acquirer doesn't have the capital to pay you.   We have the ability to pay in cash, if this is the desired method.  In addition, we have access to substantial financing and if necessary, we can provide letters of credit for your security.  Culpeper is supported by some of the largest and most prominent private equity partners in the country with hundreds of millions to invest.

Our Culture:

  • We are profit focused but, take a long term view.

  • Delivering superior customer service and caring about clients is fundamental to our sales success.

  • Relationships and people matter. Your company's culture is also an asset we are buying so it must continue and become a part of ours.

  • Ethics and professionalism - ours and yours- are non-negotiable.  We do things the right way, even when the right way is much more difficult or less profitable.

Michael A. Garguilo, CIC, eS
President & CEO
Call Mike: (770) 727-3268

Mr. Garguilo joined Culpeper Insurance Partners, LLC in 2023 as an equity partner and serves as its President & Chief Executive Officer.  An insurance industry veteran with over 30 years of experience, Mr. Garguilo has held senior leadership roles with several national insurance brokerage firms and carriers. Most recently, he was Divisional and Regional President for insurance broker CBIZ Insurance Services, Inc. (NYSE: CBZ) and headed their property / casualty agency acquisition efforts after selling his privately owned firm, Garco Financial, LLC, in 2017.


Earlier, he was Senior Vice President & Chief Operating Officer of MCIC Vermont, Inc. and Medical Centre Insurance Company, Ltd., a $1.5 billion specialty insurance company owned by some of the nation’s most prestigious medical colleges and universities, including Yale University and Johns Hopkins University.   Before that, he was Executive Vice President with national insurance broker Brown & Brown, Inc., where he served as President & Chief Operating Officer of Brown & Brown of Texas, Inc.  During his tenure there, he was responsible for acquiring more than a dozen agencies, brokers, and books of business.  Mr. Garguilo also served as Vice President & Worldwide Manager of the Commercial Program Division for the Chubb Group of Insurance Companies and earlier in his career, held various underwriting management positions with that company.  Between his two tenures at Chubb, he led commercial operations for The Hartford Insurance Group in Texas (and surrounding states) as Regional Vice President for their South-Central Region.

 A 1989 graduate of Stetson University with a degree in Business Administration and Finance, Mr. Garguilo completed The Hartford RVP Master’s Program in Commercial Insurance Operations & Sales Management at Babson College in 1998.  He earned his Certified Insurance Counselor professional designation in 2007 and his certified Environmental (insurance) Specialist designation in 2015.  Mr. Garguilo is a licensed insurance producer and excess surplus lines broker in all 50 states and the District of Columbia.

David E. King
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Call David: (770) 727-3268

Mr. King is Chairman of Culpeper Insurance Partners and founded the firm in 2022.  He is the founder and Senior Managing Director of Culpeper Capital Partners, an investment firm focused upon equity investments in the financial services and business services sectors.

With more than 30 years of experience, Mr. King most recently was Managing Director with Fortress Strategic Capital and continues to serve on its Board of Directors.  Previously, he was a Senior Managing Director with Irving Place Capital and Bear Stearns Merchant Banking Partners.  He was a partner with McCown DeLeeuw & Co. from 1990 to 2000.  Mr. King has served on the Board of Directors of over 50 companies and led many successful buy and build investments in the financial services sector, in addition to other industries.  His extensive network and strong relationships with private investors and leading private equity funds across the world afford Culpeper Capital and Culpeper Brokerage Partners significant resources to make investments in agencies and brokerage firms of all sizes located throughout the United States.

 A 1991 graduate of Stanford University with an MBA in business, Mr. King also earned a Master's of Science Degree in geochemistry at Stony Brook University in 1983 and a Bachelor's Degree from Rice University in 1981.

Michael Cahill
Senior Advisor
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Call Michael: (770) 727-3268

Mr. Cahill has over 40 years of experience in insurance, reinsurance, commercial brokerage, global sales, management, shared services, and as an investor in the financial services and insurance space.


He has served as Principal and Chief Executive Officer of GoRisk and GoRisk Specialty since 2009.  Previously, he held various senior leadership roles with national insurance brokers Marsh & McLennan, Lockton, and Aon.  While he was Managing Director of Global Specialties at Marsh, he was responsible for creating and building a $1 billion premium facility for investment bank Macquarie and a $100 million bancassurance program.

Mr. Cahill earned an MBA degree in international finance in 1980 and a Bachelor of Science degree in accounting and finance at St. John's University in 1976.

Vincent Caruso
Senior Advisor
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Call Vince: (770) 727-3268

Mr. Caruso has over 40 years of experience in senior financial and operating positions in financial services with over 10 years as a senior advisor and board member to private equity. He is the former CFO and Chief Administrative Officer of CardWorks, as well as the former VP of Finance and Group CFO of The Travelers Investment Operations.  He is a graduate of Princeton University.

Justin Faust, CMA
Chief Financial Officer
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Call Justin: (770) 727-3268

Mr. Faust has more than 20 years of experience in the insurance and financial services industry.  He has previously served as Executive Vice President of finance and mergers and acquisitions with EPIC Insurance Brokers and Chief Financial Officer with Paragon Insurance Holdings.  Earlier in his career, he held several senior leadership roles over nearly a decade with Dowling Capital Partners.

He is a graduate of The Wharton School at the University of Pennsylvania and received his Certified Management Accountant (CMA) professional designation in 2020.

Holden King
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Call Holden: (770) 727-3268

Holden is an analyst at Culpeper Capital Partners and Culpeper Insurance Partners. He is a graduate of Lafayette College where he earned a BA in economics, with a concentration in financial accounting, differential calculus, and economic modeling.

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William Quirk
Vice President
Call Bill: (770) 727-3268

Mr. Quirk is Vice President at Culpeper Capital Partners and Culpeper Insurance Partners. Previously, he was an associate at Fortress Investment Group in its Strategic Capital Group, where he covered various companies in the financial services sector, and as a research analyst at Endurance Capital Partners, an investment company focused exclusively on commercial banks.  He is a 2006 graduate of Dartmouth College with a bachelor's degree in economics.

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