M&A Deal Summary

AssuredPartners Acquires Smith-Reiss

On September 20, 2021, AssuredPartners acquired insurance company Smith-Reiss

Acquisition Highlights
  • This is AssuredPartners’ 215th transaction in the Insurance sector.
  • This is AssuredPartners’ 221st transaction in the United States.
  • This is AssuredPartners’ 9th transaction in Ohio.

M&A Deal Summary

Date 2021-09-20
Target Smith-Reiss
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Smith-Reiss

Canton, Ohio, United States
website
Smith-Reiss is a provider of a full range of insurance services. Smith-Reiss was founded in 1928 and is based in Canton, Ohio.

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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 227 of 254
Sector (Insurance) 215 of 240
Type (Add-on Acquisition) 216 of 243
State (Ohio) 9 of 10
Country (United States) 221 of 246
Year (2021) 22 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 Employee One Benefit Solution

Baltimore, Maryland, United States

Employee One Benefit Solution is a provider of benefits consulting and management services. Employee One Benefit Solution was founded in 2007 and is based in Baltimore, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-19 Jester Insurance Services

Des Moines, Iowa, United States

Jester Insurance Services is providing commercial insurance focused on being the best and has realized that insurance is not only about numbers and risk, but also about people and their passions. Jester Insurance Services was founded in 1897 and is based in Des Moines, Iowa.

Buy -