Add-on Acquisition • Insurance

Starkweather & Shepley Insurance Brokerage Acquires Benefit Horizons

On May 31, 2022, Starkweather & Shepley Insurance Brokerage acquired insurance company Benefit Horizons

Acquisition Context
  • This is Starkweather & Shepley Insurance Brokerage’s 5th transaction in the Insurance sector.
  • This is Starkweather & Shepley Insurance Brokerage’s 5th transaction in the United States.
  • This is Starkweather & Shepley Insurance Brokerage’s 1st transaction in Connecticut.

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M&A Deal Summary

Date May 31, 2022
Target Benefit Horizons
Sector Insurance
Buyer(s) Starkweather & Shepley Insurance Brokerage
Deal Type Add-on Acquisition

Target Company

Benefit Horizons

Glastonbury, Connecticut, United States
Benefit Horizons is a provider of employee and group benefits for many valued clients and their employees. Benefit Horizons was founded in 1995 and is based in Glastonbury, Connecticut.
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Buyer Overview 1

Buyer

Starkweather & Shepley Insurance Brokerage

East Providence, Rhode Island, United States

Category Company
Founded 1879
Sector Insurance
DESCRIPTION

Starkweather & Shepley Insurance Brokerage, Inc. is an insurance brokerage firm. Starkweather & Shepley provides commercial insurance, personal insurance, health and employee benefits, surety bonding and risk management service.


Deal Context for Buyer #
Overall 5 of 6
Sector: Insurance 5 of 5
Type: Add-on Acquisition 5 of 6
State: Connecticut 1 of 2
Country: United States 5 of 6
Year: 2022 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Paolino Insurance

Providence, Rhode Island, United States

Paolino Insurance is a prominent agency that has been serving commercial and personal lines clients for over 70 years throughout New England. Paolino Insurance was founded in 1950 and is based in Providence, Rhode Island.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-03 Ferman Group

East Hartford, Connecticut, United States

Ferman Group is a Benefits Organization focused on providing employee benefit plan brokerage and consulting services to mid-sized employers in the New England area.

Buy -