M&A Deal Summary

Towne Insurance Agency Acquires W. A. Moore

On August 3, 2017, Towne Insurance Agency acquired insurance company W. A. Moore

Acquisition Highlights
  • This is Towne Insurance Agency’s 7th transaction in the Insurance sector.
  • This is Towne Insurance Agency’s 7th transaction in the United States.
  • This is Towne Insurance Agency’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2017-08-03
Target W. A. Moore
Sector Insurance
Buyer(s) Towne Insurance Agency
Deal Type Add-on Acquisition

Target

W. A. Moore

Kinston, North Carolina, United States
website
W. A. Moore & Co., Inc. is an insurance agency that provides quality insurance products for individuals and businesses. W. A. Moore & Co., Inc. was established in 1924 and is based in Kinston, North Carolina.

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Buyer(S) 1

Buyer

Towne Insurance Agency

Virginia Beach, Virginia, United States

website

Category Company
Founded 2001
Sector Insurance
DESCRIPTION

Towne Insurance Agency, Inc. is an independent insurance agency providing comprehensive solutions and risk management programs to businesses of all sizes, including property and casualty insurance, workers’ compensation, bonding, employee benefits and more. Towne Insurance was established in 2001 and is based in Virginia Beach, Virginia.

DEAL STATS #
Overall 7 of 7
Sector (Insurance) 7 of 7
Type (Add-on Acquisition) 7 of 7
State (North Carolina) 2 of 2
Country (United States) 7 of 7
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-09 Invincia Insurance Solutions

Chesterfield, Virginia, United States

Invincia Insurance Solutions is a provider of property and casualty insurance employee benefits, risk consulting services. Invincia Insurance Solutions was established in 2006 and is based in Chesterfield, Virginia.

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