M&A Deal Summary

Acrisure Acquires Summa Insurance Brokerage

On March 2, 2022, Acrisure acquired insurance company Summa Insurance Brokerage

Acquisition Highlights
  • This is Acrisure’s 6th transaction in the Insurance sector.
  • This is Acrisure’s 1st transaction in Spain.

M&A Deal Summary

Date 2022-03-02
Target Summa Insurance Brokerage
Sector Insurance
Buyer(s) Acrisure
Deal Type Add-on Acquisition

Target

Summa Insurance Brokerage

Madrid, Spain
Summa Insurance Brokerage is an independent broker specialized in insurance for individuals and SMEs. Summa Insurance Brokerage was founded in 2005 and is based in Madrid, Spain.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Acrisure

Grand Rapids, Michigan, United States

Category Company
Founded 2005
Sector Insurance
Employees2,700
DESCRIPTION

Acrisure is a retail insurance brokerage offering comprehensive risk management and consulting solutions, including property & casualty, employee benefits, human resource outsourcing, loss & claims management, surety bonding and personal lines coverage. Acrisure was founded in 2005 and is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 7 of 14
Sector: Insurance M&A 6 of 10
Type: Add-on Acquisition M&A Deals 5 of 11
Country: Spain M&A 1 of 1
Year: 2022 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 Appalachian Underwriters

Oak Ridge, Tennessee, United States

Appalachian Underwriters is an insurance wholesale outlet for agents looking to bring their clients a broad selection of products. The Company specializes in Workers’ Compensation, Commercial Specialty, Personal Lines, and Brokerage. Appalachian Underwriters was founded in 1996 and is based in Oak Ridge, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-22 Volante Global

London, United Kingdom

Volante Global provides niche, specialist (re)insurance products underwritten by experienced teams across an expansive distribution network. Volante Global was formed in 2017 and is based in London.

Buy -