NSM - M&A Summary, Ownership, and Business Overview

InsuranceCompany

NSM M&A Summary

NSM has acquired 18 companies of its own, including 5 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

NSM has acquired in 10 different US states, and 2 countries. The Company’s most targeted sectors include insurance (100%).

NSM Ownership

Who owns NSM?

NSM is owned by The Carlyle Group. It was acquired on May 9, 2022.

Is NSM PE-backed?

Yes. NSM is owned by private equity investor The Carlyle Group.

Was NSM formerly PE-backed?

Yes. NSM was formerly owned by 1 private investor.

NSM Business Overview

Where is NSM headquartered?

NSM is headquartered in Conshohocken, Pennsylvania.

What sector is NSM in?

NSM is an insurance company.

When was NSM founded?

NSM was founded in 1990.

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity18
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

NSM

NSM Insurance Group

555 E. North Lane, Suite 6060,
Conshohocken, Pennsylvania 19428
United States,
(800) 970-9778
www.nsminc.com

NSM is a full-service MGA and program administrator for specialty property & casualty insurance. The company places insurance in niche sectors such as special transportation, social services, real estate, and pet. On behalf of its insurance carrier partners, NSM typically manages all aspects of the placement process, including product development, marketing, underwriting, policy issuance, and claims. NSM was established in 1990 and is headquartered in Conshohocken, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 14 1 - - 3 - 18
Sell (0.0/yr) # 1 - - - - - 1
  19

Most Recent M&A

Company Date Value Type
Shield Commercial Insurance Services, Inc. 2023-07-10 - Add-on Acquisition
Palm Desert, California · www.shieldins.net
Acquis Insurance Management Ltd. 2023-03-29 - Add-on Acquisition
Newport, United Kingdom · www.acquisinsurance.com
Sequoia Reinsurance Services LLC 2023-03-20 - Divestiture
Plymouth, Minnesota
Kingsbridge Risk Solutions Ltd. 2020-03-23 - Add-on Acquisition
Liverpool, United Kingdom · www.kibl.co.uk
Embrace Pet Insurance 2019-04-01 - Add-on Acquisition
Cleveland, Ohio · www.embracepetinsurance.com
KBK Insurance Group, Inc. 2018-12-03 - Add-on Acquisition
Harahan, Louisiana · www.kbkinsgroup.com
Xpekt Ltd. 2018-10-22 - Add-on Acquisition
Chelmsford, United Kingdom · www.xpekt.co.uk
Fresh Insurance Services Group Ltd. 2018-05-21 - Add-on Acquisition
Worcestershire, United Kingdom · www.fresh.co.uk
Transport Specialties, Inc. 2018-02-06 - Add-on Acquisition
Nashville, Tennessee · www.transpecinc.com
Vantage Holdings Ltd. 2016-10-26 - Add-on Acquisition
London, United Kingdom
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Care Providers Insurance Services    - Pat Moore Insurance Services 2016-03-15 1
Addison, Texas · www.ins-cps.com Addison, Texas · www.patmooreins.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 18 (100%) - 1 (100%) -
Total 18 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 13 - 1 -
  California 3 - 1 -
  Tennessee 1 - - -
  Ohio 1 - - -
  New York 1 - - -
  New Jersey 1 - - -
  Minnesota 1 - - -
  Louisiana 1 - - -
  Illinois 1 - - -
  Alabama 1 - - -
United Kingdom 5 - - -
Domestic 13 (72%) - 1 (100%) -
Cross-border 5 (28%) - - -
Total 18 - 1 -

M&A Connections

Deals
Acquired from
Investor(s)
11%
2 (11%)
Strategic(s)
11%
2 (11%)
Divested to
Strategic(s)
100%
1 (100%)

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