M&A Deal Summary

Tompkins Insurance Agencies Acquires Aigen Financial Group - Employee Benefits Business

On October 1, 2014, Tompkins Insurance Agencies acquired insurance company Aigen Financial Group - Employee Benefits Business from Aigen Financial Group for 210K USD

Acquisition Highlights
  • This is Tompkins Insurance Agencies’ 10th transaction in the Insurance sector.
  • This is Tompkins Insurance Agencies’ 2nd largest (disclosed) transaction.
  • This is Tompkins Insurance Agencies’ 10th transaction in the United States.

M&A Deal Summary
Date 2014-10-01
Target Aigen Financial Group - Employee Benefits Business
Sector Insurance
Buyer(s) Tompkins Insurance Agencies
Sellers(s) Aigen Financial Group
Deal Type Divestiture
Deal Value 210K USD

Target

Aigen Financial Group - Employee Benefits Business

United States
Aigen’s individual insurance is a investment advisory services and fee-based financial planning business.

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Buyer(S) 1

Buyer

Tompkins Insurance Agencies

Attica, New York, United States

website

Category Company
Founded 1974
Sector Insurance
DESCRIPTION

Tompkins Insurance Agencies is a provider of insurance solutions and products for commercial and individuals.

DEAL STATS #
Overall 10 of 11
Sector (Insurance) 10 of 11
Type (Divestiture) 1 of 1
Country (United States) 10 of 11
Year (2014) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 Olver & Associates

Ithaca, New York, United States

Olver & Associates, is a insurance agency, provides insurance products and services to businesses and individuals.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 Shepard Maxwell & Hale

Batavia, New York, United States

Shepard, Maxwell & Hale is an independently owned insurance agency.

Buy -

Seller(S) 1

SELLER

Aigen Financial Group

Ithaca, New York, United States

website

Category Company
Sector Financial Services
DESCRIPTION

Aigen Financial Group, LLC was founded with the goal of assisting our clients in their financial lives. Company provides the most personal service available, thus earning a reputation for excellence in the industry. For each client company strive to help create financial stability and security to provide financial independence.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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