M&A Deal Summary

Alkeme Acquires Sheets Forrest Draper Insurance

On August 21, 2025, Alkeme acquired insurance company Sheets Forrest Draper Insurance

Acquisition Highlights
  • This is Alkeme’s 12th transaction in the Insurance sector.
  • This is Alkeme’s 13th transaction in the United States.
  • This is Alkeme’s 1st transaction in Iowa.

M&A Deal Summary

Date 2025-08-21
Target Sheets Forrest Draper Insurance
Sector Insurance
Buyer(s) Alkeme
Deal Type Add-on Acquisition

Target

Sheets Forrest Draper Insurance

Marion, Iowa, United States
Sheets Forrest Draper Insurance agency serves a blend of personal and commercial clients, specializing in auto, home, business, and specialty insurance needs. Sheets Forrest Draper Insurance was founded in 1902 and is based in Marion, Iowa.

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Buyer(S) 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 STATS #
Overall 13 of 21
Sector: Insurance M&A 12 of 19
Type: Add-on Acquisition M&A Deals 13 of 21
State: Iowa M&A 1 of 1
Country: United States M&A 13 of 21
Year: 2025 M&A 10 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-06 Innovative Insurance Group

Roanoke, Virginia, United States

Innovative Insurance Group provides tailored insurance solutions for individuals, families, and businesses. Innovative Insurance Group was founded in 2015 and is based in Roanoke, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-27 D&S Agency

Hardy, Virginia, United States

D&S Agency is providing employers and individuals with tailored benefit plans. Specializing in communication, plan design, and funding options, they offer level-funded health plans, ACA compliance, cost and disease management, and efficient enrollment strategies. D&S Agency is based in Hardy, Virginia.

Buy -