M&A Deal Summary

AssuredPartners Acquires Bateman Agency

On February 25, 2014, AssuredPartners acquired insurance company Bateman Agency

Acquisition Highlights
  • This is AssuredPartners’ 28th transaction in the Insurance sector.
  • This is AssuredPartners’ 28th transaction in the United States.
  • This is AssuredPartners’ 6th transaction in New Jersey.

M&A Deal Summary
Date 2014-02-25
Target Bateman Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Bateman Agency

Somerville, New Jersey, United States
Bateman Agency an independent insurance firm specializes in coverage for businesses, including inland and ocean marine insurance, builders’ risk, professional liability and bonds and insurance for individuals, including homeowners’, renters’, and flood.

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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 30 of 257
Sector (Insurance) 28 of 243
Type (Add-on Acquisition) 28 of 246
State (New Jersey) 6 of 12
Country (United States) 28 of 249
Year (2014) 6 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-18 Creech & Stafford

Lexington, Kentucky, United States

Creech & Stafford, Inc. is a provider of business insurance, including workers’ compensation, liability and group employee benefit plans; personal insurance, including home, automobile and renters’ insurance; and life and health services, including life insurance and long-term care.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-09 Hancock Property & Casualty Business Lines

United States

Hancock Property & Casualty Business Lines, comprises a business unit which offers group benefits, property, and casualty insurance products.

Buy -
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