M&A Deal Summary

AssuredPartners Acquires Anchor Pardue Insurance

On May 24, 2021, AssuredPartners acquired insurance company Anchor Pardue Insurance

Acquisition Highlights
  • This is AssuredPartners’ 208th transaction in the Insurance sector.
  • This is AssuredPartners’ 213th transaction in the United States.
  • This is AssuredPartners’ 5th transaction in Alabama.

M&A Deal Summary

Date 2021-05-24
Target Anchor Pardue Insurance
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Anchor Pardue Insurance

Birmingham, Alabama, United States
Anchor Pardue Insurance is a provider of a full range of insurance services. Anchor Pardue Insurance was founded in 2017 and is based in Birmingham, Alabama.

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Buyer(S) 1

Buyer

AssuredPartners

Orlando, Florida, United States

Category Company
Founded 2011
Sector Insurance
Revenue 2.9B USD (2024)
DESCRIPTION

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 STATS #
Overall 219 of 257
Sector (Insurance) 208 of 243
Type (Add-on Acquisition) 208 of 246
State (Alabama) 5 of 5
Country (United States) 213 of 249
Year (2021) 15 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-21 Bond Benefits Consulting

Pittsford, New York, United States

Bond Benefits Consulting is an employee benefits broker, providing health insurance and other specialty services including compliance with the Affordable Care Act (ACA). Bond Benefits Consulting was founded in 1992 and is based in Pittsford, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-11 B+H Insurance

Newark, Delaware, United States

B+H Insurance is an independent insurance agency that provides insurance solutions to businesses and individuals in the mid-Atlantic and beyond. The Company also offers business insurance, home and auto insurance, and employee benefits. B+H Insurance was founded in 1974 and is based in Newark, Delaware.

Buy -