NEW YORK--(BUSINESS WIRE)--MRM Risk Holdings, Momentum Advanced Planning and their family of companies have completed a $50 million recapitalization with Colbeck Capital Management  for growth capital and acquisitions within the insurance market.

The Company has been in the insurance industry for over ten years serving high-net-worth and ultra-high-net-worth families. The Company provides solutions for tax planning, asset protection, family office structure, family governance, risk management, philanthropy, and efficient wealth transfer. Affiliates are located in Philadelphia, New York, Chicago and California.

“This is a very exciting time for the Company as we look to greatly expand and grow our agency base, product offerings, and institutionalize our corporate structure and senior leadership team. Tom Povedano (CEO) and I are ready for the next phase of growth,” Jason Colodne, a founding partner of Colbeck, said. “We look forward to our partnership with Momentum Advanced Planning and their family of companies as they build on their solid foundation to expand the depth and breadth of their business.”

To learn more about the Company, visit https://momentumap.com  

About Colbeck

Colbeck (www.colbeck.com) is a strategic lender that partners with companies during periods of transition, providing creative capital solutions to meet their evolving needs. Initially founded in 2009 by Jason Colodne and Jason Beckman, Colbeck’s principals have over 75 years of experience managing credit investing businesses and have underwritten over $22B of total loan volume. Colbeck Capital has offices in New York City, and Los Angeles.

To learn more about Colbeck, visit www.colbeck.com,