M&A Deal Summary

AssuredPartners Acquires Carriage Insurance Agency

On December 5, 2018, AssuredPartners acquired insurance company Carriage Insurance Agency

Acquisition Highlights
  • This is AssuredPartners’ 137th transaction in the Insurance sector.
  • This is AssuredPartners’ 142nd transaction in the United States.
  • This is AssuredPartners’ 7th transaction in Ohio.

M&A Deal Summary

Date 2018-12-05
Target Carriage Insurance Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Carriage Insurance Agency

Hudson, Ohio, United States
Carriage Insurance Agency, Inc. is an independent insurance agency. Carriage offers one-stop shopping for a full range of products, including home, renters, auto, business, life, health, and retirement plans. Carriage Insurance Agency, Inc. was founded in 1983 and is based in Hudson, Ohio.

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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 145 of 257
Sector (Insurance) 137 of 243
Type (Add-on Acquisition) 137 of 246
State (Ohio) 7 of 10
Country (United States) 142 of 249
Year (2018) 30 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-07 J.S. Clark Agency

Southfield, Michigan, United States

J.S. Clark Agency, Inc. is an employee benefits advisor to clients located in metro Detroit, throughout the state, and across the country. J.S. Clark Agency, Inc. was founded in 1987 and is based in Southfield, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 AOPA Insurance Agency - Aviation Business

Frederick, Maryland, United States

AOPA Insurance Agency, Inc. - Aviation Business is an aerospace-specific association focusing on the needs of aircraft owners, renters, CFI or aviation business operators.

Buy -