M&A Deal Summary

Jencap Acquires Delta General Agency

On February 1, 2022, Jencap acquired insurance company Delta General Agency

Acquisition Highlights
  • This is Jencap’s 11th transaction in the Insurance sector.
  • This is Jencap’s 12th transaction in the United States.
  • This is Jencap’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-02-01
Target Delta General Agency
Sector Insurance
Buyer(s) Jencap
Deal Type Add-on Acquisition

Target

Delta General Agency

Houston, Texas, United States
Delta General Agency provides Texas retail producers access to specialized insurance facilities. Delta is a wholesale intermediary for approximately 50 admitted and non-admitted special risk carriers. Delta General Agency was founded in 1959 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Jencap

New York, New York, United States

Category Company
Founded 2016
Sector Insurance
DESCRIPTION

Jencap is a specialty insurance distribution and program management business, including managing general agencies, specialty program underwriters, transactional wholesale brokers, and captive managers. JenCap Holdings has assembled a management team with the sector insight and experience to drive organic growth and strategic acquisition strategies leveraging technology and advanced data analytics. Jencap was founded in 2016 and is based in New York City.


DEAL STATS #
Overall 12 of 14
Sector: Insurance M&A 11 of 12
Type: Add-on Acquisition M&A Deals 12 of 14
State: Texas M&A 1 of 1
Country: United States M&A 12 of 14
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-03 International Assurance of Tennessee

Franklin, Tennessee, United States

International Assurance of Tennessee is a Managing General Underwriter (MGU) specializing in Employer and Medical Stop Loss Insurance. International Assurance of Tennessee was founded in 1984 and is based in Franklin, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-03 Tarheel Insurance Services

Statesville, North Carolina, United States

Tarheel Insurance Services is a full-service wholesale brokerage firm that provides specialized Workers’ Compensation insurance solutions to retail agents. Tarheel Insurance Services was founded in 2005 and is based in Statesville, North Carolina.

Buy -