Eastern Insurance Group - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Eastern Insurance Group M&A Summary

Eastern Insurance Group has acquired 11 companies of its own, including 6 in the last 5 years.

Eastern Insurance Group has acquired in 1 US state. The Company’s most targeted sectors include insurance (100%).

Eastern Insurance Group Ownership

Who owns Eastern Insurance Group?

Eastern Insurance Group is owned by Arthur J. Gallagher. It was acquired on September 19, 2023.

Eastern Insurance Group Business Overview

Where is Eastern Insurance Group headquartered?

Eastern Insurance Group is headquartered in Natick, Massachusetts.

What sector is Eastern Insurance Group in?

Eastern Insurance Group is an insurance company.

When was Eastern Insurance Group founded?

Eastern Insurance Group was founded in 1989.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity11
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Eastern Insurance Group

Eastern Insurance Group LLC

233 West Central Street,
Natick, Massachusetts 01760
United States,
(508) 651-7700
www.easternbank.com/site/corporate_pages/Pages/eig_landing.aspx

Eastern Insurance Group is a provider of various insurance services and products. It offers construction insurance, surety bonds, small business insurance, lumber industry insurance, employee benefits. Eastern Insurance Group was founded in 1989 and is based in Natick, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 5 2 2 2 - - 11
Sell (0.0/yr) # - - - - - - 0
  11

Most Recent M&A

Company Date Value Type
John T. Burns Insurance Agency, Inc. 2022-08-08 - Add-on Acquisition
Newtonville, Massachusetts · www.johntburns.com
Michals Insurance - Operating Assets 2022-03-07 - Divestiture
Watertown, Massachusetts
Barr Insurance Agency, Inc. 2021-05-03 - Add-on Acquisition
Watertown, Massachusetts · www.barrinsuranceagency.com
NorthBridge Insurance Agency, Inc. 2021-04-01 - Add-on Acquisition
Concord, Massachusetts · www.northbridgeins.com
Campbell, Flaherty & Ring Insurance Agency, Inc. 2020-12-01 - Add-on Acquisition
Dorchester, Massachusetts · www.cfrinsurance.com
Auburn Insurance Agency, Inc. 2020-10-21 - Add-on Acquisition
Sudbury, Massachusetts · www.auburnins.com
Chase and Lunt Insurance Agency LLC 2017-02-07 - Add-on Acquisition
Newburyport, Massachusetts · www.chaseandlunt.com
BBS Employee Benefits 2016-05-12 - Add-on Acquisition
Newton, Massachusetts · www.bbsbenefits.com
James J. Sullivan Insurance Agency, Inc. 2015-02-03 - Add-on Acquisition
North Quincy, Massachusetts
Westover Insurance Agency, Inc. 2013-11-07 - Add-on Acquisition
Lynnfield,, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 11 (100%) - - -
Total 11 - - -

By Geo

State/Country Buy Value Sell Value
United States 11 - - -
  Massachusetts 11 - - -
Total 11 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
9%
1 (9%)

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