Add-on Acquisition • Insurance

Inszone Insurance Services Acquires Golden Ocean Insurance Center

On December 15, 2020, Inszone Insurance Services acquired insurance company Golden Ocean Insurance Center

Acquisition Context
  • This is Inszone Insurance Services’ 15th transaction in the Insurance sector.
  • This is Inszone Insurance Services’ 15th transaction in the United States.
  • This is Inszone Insurance Services’ 9th transaction in California.

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M&A Deal Summary

Date December 15, 2020
Target Golden Ocean Insurance Center
Sector Insurance
Buyer(s) Inszone Insurance Services
Deal Type Add-on Acquisition

Target Company

Golden Ocean Insurance Center

Los Angeles, California, United States
Golden Ocean Insurance Center is a provider of a full range of insurance services. Golden Ocean Insurance Center was founded in 1979 and is based in Los Angeles, California.
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Buyer Overview 1

Buyer

Inszone Insurance Services

Rancho Cordova, California, United States

Category Company
Founded 2002
Sector Insurance
DESCRIPTION

Inszone Insurance Services is a full-service insurance brokerage firm that provides a broad array of property & casualty and employee benefits solutions. Inszone Insurance Services was founded in 2002 and is based in Rancho Cordova, California.


Deal Context for Buyer #
Overall 15 of 175
Sector: Insurance 15 of 174
Type: Add-on Acquisition 14 of 171
State: California 9 of 70
Country: United States 15 of 175
Year: 2020 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Schaefer Agency

Colorado Springs, Colorado, United States

Schaefer Agency, Inc. is an independently owned and locally operated insurance agency. Schaefer Agency was founded in 1952 and is based in Colorado Springs, Colorado.,

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 CBIA Insurance Agency

Canoga Park, California, United States

CBIA Insurance Agency LLC specializes in helping construction industry professionals choose the insurance that best fits their unique needs. CBIA Insurance Agency was founded in 2007 and is based in Canoga Park, California.

Buy -