M&A Deal Summary

AssuredPartners Acquires Peoples Insurance Agency

On May 14, 2018, AssuredPartners acquired insurance company Peoples Insurance Agency

Acquisition Highlights
  • This is AssuredPartners’ 121st transaction in the Insurance sector.
  • This is AssuredPartners’ 126th transaction in the United States.
  • This is AssuredPartners’ 1st transaction in Iowa.

M&A Deal Summary

Date 2018-05-14
Target Peoples Insurance Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Peoples Insurance Agency

Waverly, Iowa, United States
website
Peoples Insurance Agency is an independent insurance agency providing insurance solutions to individuals and business owners. Peoples Insurance Agency was established in 1982 and is based in Waverly, Iowa.

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Buyer(S) 1

Buyer

AssuredPartners

Lake Mary, Florida, United States

website


Category Company
Founded 2011
Sector Insurance
DESCRIPTION

AssuredPartners is a full-service insurance broker, offering property and casualty and employee benefits insurance products and services to middle-market businesses, public institutions, and high-net-worth individuals. AssuredPartners was founded in 2011 and is based in Lake Mary, Florida.


DEAL STATS #
Overall 128 of 254
Sector (Insurance) 121 of 240
Type (Add-on Acquisition) 121 of 243
State (Iowa) 1 of 4
Country (United States) 126 of 246
Year (2018) 13 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-03 National Insurance Services of Wisconsin

Brookfield, Wisconsin, United States

National Insurance Services of Wisconsin, Inc. is a provider of employee benefits consulting and brokerage services such as medical, dental, life, disability and vision insurance. National Insurance Services of Wisconsin, Inc. was established in 1977 and is based in Brookfield, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-14 Bell Insurance

Dallas, Texas, United States

Bell Insurance is a provider of quality insurance solutions to individuals and businesses. Bell Insurance is based in Dallas, Texas.

Buy -