M&A Deal Summary

King Insurance Acquires Barnette and Coates

On July 24, 2024, King Insurance acquired insurance company Barnette and Coates

Acquisition Highlights
  • This is King Insurance’s 20th transaction in the Insurance sector.
  • This is King Insurance’s 20th transaction in the United States.
  • This is King Insurance’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2024-07-24
Target Barnette and Coates
Sector Insurance
Buyer(s) King Insurance
Deal Type Add-on Acquisition

Target

Barnette and Coates

Hendersonville, North Carolina, United States
Barnette and Coates provides quality insurance products for individuals and businesses and is based in Hendersonville, North Carolina.

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Buyer(S) 1

Buyer

King Insurance

Gainesville, Florida, United States
Category Company
Founded 1974
Sector Insurance
DESCRIPTION

King Insurance is a full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions. King Insurance was founded in 1974 and is based in Gainesville, Florida.

DEAL STATS #
Overall 20 of 22
Sector (Insurance) 20 of 22
Type (Add-on Acquisition) 19 of 21
State (North Carolina) 2 of 2
Country (United States) 20 of 22
Year (2024) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-14 Palmer Insurance

Bainbridge, Georgia, United States

Palmer Insurance is an independent insurance agency, based in Bainbridge, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 Lincoln Insurance Group

McDonough, Georgia, United States

Lincoln Insurance Group is an independent insurance agency, providing auto, home, life, and business insurance. Lincoln Insurance Group was founded in 2006 and is based in McDonough, Georgia.

Buy -
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