M&A Deal Summary

King Insurance Acquires Dave Alton Agency

On April 16, 2024, King Insurance acquired insurance company Dave Alton Agency

Acquisition Highlights
  • This is King Insurance’s 18th transaction in the Insurance sector.
  • This is King Insurance’s 18th transaction in the United States.
  • This is King Insurance’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2024-04-16
Target Dave Alton Agency
Sector Insurance
Buyer(s) King Insurance
Deal Type Add-on Acquisition

Target

Dave Alton Agency

Greenville, North Carolina, United States
website
Dave Alton Agency provides a full range of insurance services, based in Greenville, North Carolina.

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Buyer(S) 1

Buyer

King Insurance

Gainesville, Florida, United States

website

Category Company
Founded 1974
Sector Insurance
DESCRIPTION

King Insurance is a full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions. King Insurance was founded in 1974 and is based in Gainesville, Florida.

DEAL STATS #
Overall 18 of 18
Sector (Insurance) 18 of 18
Type (Add-on Acquisition) 17 of 17
State (North Carolina) 1 of 1
Country (United States) 18 of 18
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-09 Prestige Insurance

Vero Beach, Florida, United States

Prestige Insurance provides personal, commercial, and specialized insurance coverage services. Prestige Insurance was founded in 1996 and is based in Vero Beach, Florida.

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