M&A Deal Summary

AmWINS Acquires Colemont Insurance Brokers Inc

On April 9, 2010, AmWINS acquired insurance company Colemont Insurance Brokers Inc

Acquisition Highlights
  • This is AmWINS’s 7th transaction in the Insurance sector.
  • This is AmWINS’s 7th transaction in the United States.
  • This is AmWINS’s 2nd transaction in Texas.

M&A Deal Summary

Date 2010-04-09
Target Colemont Insurance Brokers Inc
Sector Insurance
Buyer(s) AmWINS
Deal Type Add-on Acquisition

Target

Colemont Insurance Brokers Inc

Dallas, Texas, United States
Colemont Insurance Brokers is a specialty insurance brokers in the United States. Company is home to 700 insurance professionals across the globe, who together placed over $1.3 billion in gross premium last year. With access to hundreds of specialty lines, markets, and programs, as well as in-house underwriting facilities, Colemont's brokers and underwriters are highly experienced at placing property, casualty, transportation, or financial services risks.

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Buyer(S) 1

Buyer

AmWINS

Charlotte, North Carolina, United States

Category Company
Founded 1998
Sector Insurance
DESCRIPTION

AmWINS is a distributor of insurance products, provides property and casualty products, group insurance programs, and administrative services to retail insurance agents. It provides brokerage services in the areas of property, casualty, financial risk, auto, construction, environmental, healthcare, life sciences, and public entity. AmWINS was founded in 1998 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 7 of 40
Sector: Insurance M&A 7 of 37
Type: Add-on Acquisition M&A Deals 6 of 35
State: Texas M&A 2 of 6
Country: United States M&A 7 of 37
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-09 The Managing Agency Group

Shelton,, Connecticut, United States

The Managing Agency Group is a wholesale broker and administrator of employee benefit plans for small and mid-sized employer groups of 2 to 300 employees. In addition, MAG-EB serves as a brokerage general agency of employee benefit plans for over 30 major carriers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-31 AmWINS Fresno Office

Fresno,, California, United States

AmWINS Fresno Office comprises a commercial real estate office property.

Sell -