M&A Deal Summary

AssuredPartners Acquires Bynum Insurance

On April 1, 2016, AssuredPartners acquired insurance company Bynum Insurance

Acquisition Highlights
  • This is AssuredPartners’ 74th transaction in the Insurance sector.
  • This is AssuredPartners’ 78th transaction in the United States.
  • This is AssuredPartners’ 3rd transaction in South Carolina.

M&A Deal Summary

Date 2016-04-01
Target Bynum Insurance
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Bynum Insurance

Sumter, South Carolina, United States
Bynum Insurance Co. is a provider of professional and personal insurance solutions.

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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 80 of 257
Sector (Insurance) 74 of 243
Type (Add-on Acquisition) 75 of 246
State (South Carolina) 3 of 7
Country (United States) 78 of 249
Year (2016) 12 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-21 AssureSouth

Spartanburg, South Carolina, United States

AssureSouth, Inc. is a provider of professional and personal insurance solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-20 Daly Merritt Insurance

Wyandotte, Michigan, United States

Daly Merritt Insurance, Inc. is a provider of insurance services to families and individual businesses and communities.

Buy -