M&A Deal Summary

Heffernan Insurance Brokers Acquires Costello Insurance Associates

On July 9, 2024, Heffernan Insurance Brokers acquired insurance company Costello Insurance Associates

Acquisition Highlights
  • This is Heffernan Insurance Brokers’ 15th transaction in the Insurance sector.
  • This is Heffernan Insurance Brokers’ 15th transaction in the United States.
  • This is Heffernan Insurance Brokers’ 1st transaction in Arizona.

M&A Deal Summary
Date 2024-07-09
Target Costello Insurance Associates
Sector Insurance
Buyer(s) Heffernan Insurance Brokers
Deal Type Add-on Acquisition

Target

Costello Insurance Associates

Tempe, Arizona, United States
Costello Insurance Associates provides a full range of insurance services and is based in Tempe, Arizona.

Search 197,704 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Heffernan Insurance Brokers

Walnut Creek, California, United States
Category Company
Founded 1988
Sector Insurance
DESCRIPTION

Heffernan Insurance Brokers provides comprehensive business insurance, personal insurance, employee benefits, and financial services. Heffernan was formed in 1988 and is based in Walnut Creek, California.

DEAL STATS #
Overall 15 of 15
Sector (Insurance) 15 of 15
Type (Add-on Acquisition) 15 of 15
State (Arizona) 1 of 1
Country (United States) 15 of 15
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Calco

Sherman Oaks, California, United States

Calco provides property, casualty, & life insurance products in all 50 states. Calco was founded in 2008 and is based in Sherman Oaks, California.

Buy -
Mergr

Product

Company

Legal