Liberty Company downplays agency concerns after M&A pause, staff exits and no sign of mooted IPO

Highly-acquisitive LA-based retailer Liberty Company paused M&A in the fourth quarter as it got closer to exhausting its BMO Harris credit facility, and has been working to quell unease among some agency partners at a time of significant senior management turnover, and with no sign of a potential IPO this year, The Insurer can reveal.