M&A Deal Summary

Relation Insurance Services Acquires Perry Insurance Group

On September 22, 2021, Relation Insurance Services acquired insurance company Perry Insurance Group

Acquisition Highlights
  • This is Relation Insurance Services’ 29th transaction in the Insurance sector.
  • This is Relation Insurance Services’ 31st transaction in the United States.
  • This is Relation Insurance Services’ 2nd transaction in South Carolina.

M&A Deal Summary
Date 2021-09-22
Target Perry Insurance Group
Sector Insurance
Buyer(s) Relation Insurance Services
Deal Type Add-on Acquisition

Target

Perry Insurance Group

Lexington, South Carolina, United States
website
Perry Insurance Group provides personal and commercial lines insurance solutions to clients throughout South Carolina. Perry Insurance Group was founded in 1998 and is based in Lexington, South Carolina.

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Buyer(S) 1

Buyer

Relation Insurance Services

Walnut Creek, California, United States

website

Category Company
Founded 2007
Sector Insurance
Employees500
DESCRIPTION

Relation Insurance Services, Inc. is a premier insurance broker that offers superior risk-management and benefits-consulting services through its family of brands across the U.S. It is ranked by Insurance Journal within the top 45 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation Insurance Services was founded in 2007 and is based in Walnut Creek, California.

DEAL STATS #
Overall 31 of 65
Sector (Insurance) 29 of 63
Type (Add-on Acquisition) 28 of 57
State (South Carolina) 2 of 7
Country (United States) 31 of 65
Year (2021) 11 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-15 Hooper Spuhler & Sturgeon Insurance Services

Tulare, California, United States

Hooper, Spuhler, & Sturgeon Insurance Services provides P&C products and services to farm, dairy, and agribusiness clients in Tulare, Visalia, Bakersfield, and surrounding California communities. HSS was founded in 1922 and is based in Tulare, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-23 Pitts Insurance Team

Columbia, South Carolina, United States

Pitts Insurance Team is an independent insurance agency offering a comprehensive suite of insurance solutions to protect you from the unexpected. Pitts Insurance Team was founded in 1981 and is based in Columbia, South Carolina.

Buy -
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