M&A Deal Summary

Alliant Insurance Services Acquires FJC

On December 5, 2023, Alliant Insurance Services acquired insurance company FJC

Acquisition Highlights
  • This is Alliant Insurance Services’ 47th transaction in the Insurance sector.
  • This is Alliant Insurance Services’ 62nd transaction in the United States.
  • This is Alliant Insurance Services’ 2nd transaction in Connecticut.

M&A Deal Summary
Date 2023-12-05
Target FJC
Sector Insurance
Buyer(s) Alliant Insurance Services
Deal Type Add-on Acquisition

Target

FJC

Newtown, Connecticut, United States
FJC provides retirement planning and TPA services, including discrimination testing, preparing Form 5500 and Summary Annual Report, tracking vesting percentages, profit sharing, and meeting IRS regulations. FJC was founded in 2003 and is based in Newtown, Connecticut.

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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 Newport Beach, California.

DEAL STATS #
Overall 64 of 70
Sector (Insurance) 47 of 53
Type (Add-on Acquisition) 61 of 66
State (Connecticut) 2 of 2
Country (United States) 62 of 68
Year (2023) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-31 Commercial Risk Group

Broken Arrow, Oklahoma, United States

Commercial Risk Group is a retail property and casualty (P&C) insurance agency. CRG offers all lines of insurance coverages and specializes in mid-sized to large commercial accounts and specialty programs, including general liability, commercial auto, workers’ compensation, and commercial property insurance coverages. CRG is based in Broken Arrow, Oklahoma.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-03 PBC Insurance - Employee Benefits Division

Eugene, Oregon, United States

PBC Insurance's Employee Benefits Division provides insurance services.

Buy -
Mergr

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