M&A Deal Summary

Afore Insurance Services Acquires Powers Insurance Experts

On October 15, 2024, Afore Insurance Services acquired insurance company Powers Insurance Experts

Acquisition Highlights
  • This is Afore Insurance Services’ 1st transaction in the Insurance sector.
  • This is Afore Insurance Services’ 1st transaction in the United States.
  • This is Afore Insurance Services’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2024-10-15
Target Powers Insurance Experts
Sector Insurance
Buyer(s) Afore Insurance Services
Deal Type Add-on Acquisition

Target

Powers Insurance Experts

Columbia, South Carolina, United States
Powers Insurance Experts provides individuals and businesses in South Carolina risk management and consulting services with local, personal attention.

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Buyer(S) 1

Buyer

Afore Insurance Services

Manchester, Connecticut, United States

Category Company
Founded 2023
Sector Insurance
DESCRIPTION

Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies. Afore Insurance Services was founded in 2023 and is based in Manchester, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1