Add-on Acquisition • Insurance

High Street Insurance Partners Acquires Simmons Insurance Group

On May 19, 2021, High Street Insurance Partners acquired insurance company Simmons Insurance Group

Acquisition Context
  • This is High Street Insurance Partners’ 24th transaction in the Insurance sector.
  • This is High Street Insurance Partners’ 24th transaction in the United States.
  • This is High Street Insurance Partners’ 2nd transaction in Oregon.

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M&A Deal Summary

Date May 19, 2021
Target Simmons Insurance Group
Sector Insurance
Buyer(s) High Street Insurance Partners
Deal Type Add-on Acquisition

Target Company

Simmons Insurance Group

Hermiston, Oregon, United States
Simmons Insurance Group is a provider of Auto Insurance, Home Insurance, Health Insurance, Life Insurance, Business Insurance, and Financial Services. Simmons Insurance Group was founded in 1974 and is based in Hermiston, Oregon.
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Buyer Overview 1

Buyer

High Street Insurance Partners

Traverse City, Michigan, United States

Category Company
Founded 2018
Sector Insurance
DESCRIPTION

High Street Insurance Partners is focused on the insurance agency sector, providing commercial property & casualty insurance, employee benefits services, and personal lines to a wide range of industries. High Street Insurance Partners was founded in 2018 and is based in Traverse City, Michigan.


Deal Context for Buyer #
Overall 24 of 49
Sector: Insurance 24 of 49
Type: Add-on Acquisition 24 of 48
State: Oregon 2 of 3
Country: United States 24 of 48
Year: 2021 12 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-13 Richardi-Demola Insurance Agency

Fairfield, New Jersey, United States

Richardi-Demola Insurance Agency is an independent insurance agency, based in Fairfield, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Elite Group

Malvern, Pennsylvania, United States

Elite Group is a single source Employee Benefits Consulting, Human Resources, Benefits Administration, Payroll, Property & Casualty, and Voluntary Benefits solution. Elite Group was founded in 2001 and is based in Malvern, Pennsylvania.

Buy -