M&A Deal Summary

Choice Insurance Agency Acquires Schlather Insurance Agency

On September 28, 2022, Choice Insurance Agency acquired insurance company Schlather Insurance Agency

Acquisition Highlights
  • This is Choice Insurance Agency’s 9th transaction in the Insurance sector.
  • This is Choice Insurance Agency’s 9th transaction in the United States.
  • This is Choice Insurance Agency’s 1st transaction in Ohio.

M&A Deal Summary
Date 2022-09-28
Target Schlather Insurance Agency
Sector Insurance
Buyer(s) Choice Insurance Agency
Deal Type Add-on Acquisition

Target

Schlather Insurance Agency

Elyria, Ohio, United States
website
Schlather Insurance Agency is a full-service insurance agency providing property and casualty, business, and life and health insurance to its clients. Schlather Insurance Agency was founded in 1943 and is based in Elyria, Ohio.

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Buyer(S) 1

Buyer

Choice Insurance Agency

Virginia Beach, Virginia, United States

website

Category Company
Founded 1998
Sector Insurance
DESCRIPTION

Choice Insurance Agency is an insurance broker and industry leader that specializes in delivering strategic support for the profitable growth of property & casualty, life, health, and employee benefits insurance agencies. Choice Insurance Agency was formed in 1998 and is based in Virginia Beach, Virginia.

DEAL STATS #
Overall 9 of 9
Sector (Insurance) 9 of 9
Type (Add-on Acquisition) 9 of 9
State (Ohio) 1 of 1
Country (United States) 9 of 9
Year (2022) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-27 Parker Reigle Insurance Agency

Chesapeake, Virginia, United States

Parker Reigle Insurance Agency is a full-service agency offering property and casualty, business, bonds, life and health insurance. Parker Reigle Insurance Agency is based in Chesapeake, Virginia.

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