M&A Deal Summary

Align General Insurance Agency Acquires Deposit Choice

On November 4, 2019, Align General Insurance Agency acquired insurance company Deposit Choice

Acquisition Highlights
  • This is Align General Insurance Agency’s 1st transaction in the Insurance sector.
  • This is Align General Insurance Agency’s 1st transaction in the United States.
  • This is Align General Insurance Agency’s 1st transaction in Illinois.

M&A Deal Summary

Date 2019-11-04
Target Deposit Choice
Sector Insurance
Buyer(s) Align General Insurance Agency
Deal Type Add-on Acquisition

Target

Deposit Choice

Peoria Heights, Illinois, United States
Deposit Choice LLC is a provider of surety bonds and insurance products to the multifamily industry. Deposit Choice is based in Peoria Heights, Illinois.

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Buyer(S) 1

Buyer

Align General Insurance Agency

San Diego, California, United States

Category Company
Founded 2003
Sector Insurance
DESCRIPTION

ALIGN General Insurance Agency, Inc. is a fast growing general insurance agency that delivers quality, sustainable insurance products and services to its retail producers and superior underwriting returns to its insurance carrier partners. ALIGN was purchased by The James River Group (Nasdaq: JRVR) in July 2007.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1