Add-on Acquisition • Insurance

AssuredPartners Acquires Turner & Hamrick

On October 23, 2014, AssuredPartners acquired insurance company Turner & Hamrick

Acquisition Context
  • This is AssuredPartners’ 33rd transaction in the Insurance sector.
  • This is AssuredPartners’ 34th transaction in the United States.
  • This is AssuredPartners’ 1st transaction in Alabama.

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M&A Deal Summary

Date October 23, 2014
Target Turner & Hamrick
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target Company

Turner & Hamrick

Troy, Alabama, United States
Turner & Hamrick specializes in insurance for the trucking industry, in addition to coverage for businesses, individuals, and professional liability.
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Buyer Overview 1

Buyer

AssuredPartners

Orlando, Florida, United States

Category Company
Founded 2011
Sector Insurance
Revenue 2.9B USD (2024)
DESCRIPTION
AssuredPartners office in Roseville, Minnesota.
AssuredPartners office in Roseville, Minnesota.

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 Orlando, Florida.


Deal Context for Buyer #
Overall 36 of 257
Sector: Insurance 33 of 243
Type: Add-on Acquisition 33 of 246
State: Alabama 1 of 5
Country: United States 34 of 249
Year: 2014 12 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-15 Casualty Assurance of Chaska

Chaska,, Minnesota, United States

Casualty Assurance of Chaska, agency specializes in commercial insurance, employee benefits, and personal insurance, and serves clients throughout Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Premiere Coastal Insurance Group

Simons Island, Georgia, United States

Premiere Coastal Insurance Group LLC provides insurance coverage for executive and high net worth individuals, businesses, and the aviation industry.

Buy -