M&A Deal Summary

Alliant Insurance Services Acquires Engel Agency

On May 3, 2018, Alliant Insurance Services acquired insurance company Engel Agency

Acquisition Highlights
  • This is Alliant Insurance Services’ 26th transaction in the Insurance sector.
  • This is Alliant Insurance Services’ 1st transaction in the United Kingdom.
  • This is Alliant Insurance Services’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2018-05-03
Target Engel Agency
Sector Insurance
Buyer(s) Alliant Insurance Services
Deal Type Add-on Acquisition

Target

Engel Agency

Libertyville, Illinois, United Kingdom
Engel Agency, Inc. is a provider of commercial and personal insurance products for businesses and individuals. Engel Agency, Inc. was established in 2013 and is based in Libertyville, Illinois.

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Buyer(S) 1

Buyer

Alliant Insurance Services

Irvine, California, United States

Category Company
Founded 1925
Sector Insurance
DESCRIPTION

Alliant Insurance Services is a retail insurance broker providing property and casualty insurance and employee benefits products to over 15,000 commercial middle market clients nationwide. Alliant Insurance Services was founded in 1925 and is based in Irvine, California.


DEAL STATS #
Overall 33 of 72
Sector: Insurance M&A 26 of 55
Type: Add-on Acquisition M&A Deals 32 of 68
State: Illinois M&A 2 of 5
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 Crystal & Co.

New York, New York, United States

Crystal & Co. is an independent insurance brokerage firms, with more than 450 professionals and 11 offices. Crystal was founded in 1933 and is based in New York, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 CLS Partners

Austin, Texas, United States

CLS Partners LLC is a provider of employee benefits, risk management, retirement, and technology consulting services. CLS Partners was founded in 2008 and is based in Austin, Texas.

Buy -