Add-on Acquisition • Insurance

Alkeme Acquires NAPA Insurance Center

On March 14, 2023, Alkeme acquired insurance company NAPA Insurance Center

Acquisition Context
  • This is Alkeme’s 1st transaction in the Insurance sector.
  • This is Alkeme’s 1st transaction in the United States.

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M&A Deal Summary

Date March 14, 2023
Target NAPA Insurance Center
Sector Insurance
Buyer(s) Alkeme
Deal Type Add-on Acquisition

Target Company

NAPA Insurance Center

United States
NAPA Insurance Center provides a full range of insurance services.
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Buyer Overview 1

Buyer

Alkeme

Ladera Ranch, California, United States

Category Company
Sector Insurance
DESCRIPTION

Alkeme is a retail insurance brokerage platform providing insurance services to a large variety of commercial accounts primarily in California and surrounding states. Alkeme specializes in placing property & casualty, benefits, and a variety of specialty lines. Alkeme is based in Ladera Ranch, California.


Deal Context for Buyer #
Overall 1 of 21
Sector: Insurance 1 of 19
Type: Add-on Acquisition 1 of 21
Country: United States 1 of 21
Year: 2023 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-25 Lincoln Insurance

Sandy, Utah, United States

Lincoln Insurance specializes in providing commercial and personal insurance as well as bonding. Lincoln Insurance was founded in 2006 and is based in Sandy, Utah.

Buy -