M&A Deal Summary

AgencyBloc Acquires Radius Bob

On February 1, 2023, AgencyBloc acquired internet software and services company Radius Bob

Acquisition Highlights
  • This is AgencyBloc’s 1st transaction in the Internet Software and Services sector.
  • This is AgencyBloc’s 3rd transaction in the United States.
  • This is AgencyBloc’s 1st transaction in Nevada.

M&A Deal Summary

Date 2023-02-01
Target Radius Bob
Sector Internet Software and Services
Buyer(s) AgencyBloc
Deal Type Add-on Acquisition

Target

Radius Bob

Las Vegas, Nevada, United States
Radius Bob is a provider of sales enablement solutions supporting life and health insurance brokers. Radius Bob was founded in 2010 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

AgencyBloc

Cedar Falls, Iowa, United States

Category Company
Founded 2008
Sector Software
DESCRIPTION

AgencyBloc is an agency management software system that helps life and health insurance agencies grow their business with an industry-specific CRM, commissions processing, and integrated business and marketing automation. AgencyBloc was founded in 2008 and is based in Cedar Falls, lowa.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Nevada M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 FormFire

Cleveland, Ohio, United States

FormFire is a provider of digital online processes for the paperbound world of small-group health insurance quoting, sold case installation, and group renewal for employees and employers, brokers, and carriers. It has processed millions of medical applications using its intelligent interview and medical health questionnaire, reducing the time, effort, and a number of errors typically involved in paper applications. FormFire was formed in 2005 and is based in Cleveland, Ohio.

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