Add-on Acquisition • Insurance

AssuredPartners Acquires Alkali

On June 22, 2017, AssuredPartners acquired insurance company Alkali

Acquisition Context
  • This is AssuredPartners’ 96th transaction in the Insurance sector.
  • This is AssuredPartners’ 101st transaction in the United States.
  • This is AssuredPartners’ 5th transaction in Texas.

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M&A Deal Summary

Date June 22, 2017
Target Alkali
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target Company

Alkali

Plano, Texas, United States
Alkali LLC (Alkali Benefits & Insurance Services) is an independent insurance broker, outsourcing service provider, and consulting firm that leverages its innovative processes and unique team member abilities to educate businesses, employers, individuals, and families on insurance. Alkali LLC was established in 2005 and is headquartered in Plano, Texas.
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Buyer Overview 1

Buyer

AssuredPartners

Orlando, Florida, United States

Category Company
Founded 2011
Sector Insurance
Revenue 2.9B USD (2024)
DESCRIPTION
AssuredPartners office in Roseville, Minnesota.
AssuredPartners office in Roseville, Minnesota.

AssuredPartners is a full-service insurance broker, offering property and casualty and employee benefits insurance products and services to middle-market businesses, public institutions, and high-net-worth individuals. AssuredPartners was founded in 2011 and is based in Orlando, Florida.


Deal Context for Buyer #
Overall 103 of 257
Sector: Insurance 96 of 243
Type: Add-on Acquisition 96 of 246
State: Texas 5 of 17
Country: United States 101 of 249
Year: 2017 10 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-20 Benefit Resource Group

Reno, Nevada, United States

Benefit Resource Group is a provider of employee benefits and consulting solutions that includes carrier research, online enrollment, financial analysis and wellness programs. Benefit Resource Group was established in 2003 and is headquartered in Reno, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-25 Front Range Insurance Group

Fort Collins, Colorado, United States

Front Range Insurance Group LLC is a provider of business and commercial insurance, employee benefits insurance as well as personal insurance brokerage services. Front Range Insurance Group LLC was established in 1984 and is based in Fort Collins, Colorado.

Buy -