M&A Deal Summary

Alliant Insurance Services Acquires Seafax

On January 15, 2021, Alliant Insurance Services acquired financial services company Seafax

Acquisition Highlights
  • This is Alliant Insurance Services’ 1st transaction in the Financial Services sector.
  • This is Alliant Insurance Services’ 46th transaction in the United States.
  • This is Alliant Insurance Services’ 1st transaction in Maine.

M&A Deal Summary

Date 2021-01-15
Target Seafax
Sector Financial Services
Buyer(s) Alliant Insurance Services
Deal Type Add-on Acquisition

Target

Seafax

Portland, Maine, United States
Seafax, Inc. is a provider of credit information and accounts receivable management services. Seafax was founded in 1985 and is based in Portland, Maine.

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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 48 of 70
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 47 of 66
State (Maine) 1 of 1
Country (United States) 46 of 68
Year (2021) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 One Source Risk Management & Funding

Calgary, Alberta, Canada

One Source Risk Management Canada, Inc. is an insurance brokerage firm provides credit and political risk insurance. One Source Risk Management Canada was founded in 1998 and is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Group Insurance

Baton Rouge, Louisiana, United States

Group Insurance, Inc. is a full-service employee benefits solutions and consulting services that include health, life, disability, dental, vision, final expense, accident, and various other ancillary products. Group Insurance was founded in 1971 and is based in Baton Rouge, Louisiana.

Buy -