M&A Deal Summary

Alliant Insurance Services Acquires Summit Insurance Resource Group

On May 2, 2017, Alliant Insurance Services acquired insurance company Summit Insurance Resource Group

Acquisition Highlights
  • This is Alliant Insurance Services’ 21st transaction in the Insurance sector.
  • This is Alliant Insurance Services’ 28th transaction in the United States.
  • This is Alliant Insurance Services’ 3rd transaction in Idaho.

M&A Deal Summary
Date 2017-05-02
Target Summit Insurance Resource Group
Sector Insurance
Buyer(s) Alliant Insurance Services
Deal Type Add-on Acquisition

Target

Summit Insurance Resource Group

Sandpoint, Idaho, United States
Summit Insurance Resource Group is a provider of commercial and personal insurance solutions and also offers a range of products and services that includes homeowners, auto, business, health, life, toy (recreational), umbrella/excess liability, and more. Summit Insurance Resource Group was established in 1996 and is headquartered in Sandpoint, Idaho.

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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 28 of 69
Sector (Insurance) 21 of 52
Type (Add-on Acquisition) 27 of 65
State (Idaho) 3 of 4
Country (United States) 28 of 67
Year (2017) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-05 SES Insurance Brokerage Services

Tustin, California, United States

SES Insurance Brokerage Services, Inc. is a provider of a full range of forward-thinking solutions to the financial and real estate communities. SES Insurance Brokerage Services is based in Tustin, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-12 Boynton & Boynton Insurance Professionals

Fair Haven, New Jersey, United States

Boynton & Boynton Insurance Professionals is a provider of commercial and personal insurance solutions to clients in New York, New Jersey, and Pennsylvania. With more than 80 professionals and a client base spanning a broad range of industries. Boynton & Boynton Insurance Professionals was founded in 1929 and is based in Fair Haven, New Jersey.

Buy -
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