M&A Deal Summary

AssuredPartners Acquires Cathey Insurance Services

On June 26, 2019, AssuredPartners acquired insurance company Cathey Insurance Services

Acquisition Highlights
  • This is AssuredPartners’ 153rd transaction in the Insurance sector.
  • This is AssuredPartners’ 158th transaction in the United States.
  • This is AssuredPartners’ 12th transaction in Texas.

M&A Deal Summary

Date 2019-06-26
Target Cathey Insurance Services
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Cathey Insurance Services

Dallas, Texas, United States
Cathey Insurance Services LLC is a provider of a full range of insurance services. Cathey Insurance Services LLC is based in Dallas, Texas.

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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 161 of 257
Sector (Insurance) 153 of 243
Type (Add-on Acquisition) 152 of 246
State (Texas) 12 of 17
Country (United States) 158 of 249
Year (2019) 15 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 Horizon Insurance Agency

Phoenix, Arizona, United States

Horizon Insurance Agency LLC is a full-service independent insurance agency representing a number of highly respected, top-rated insurance companies, which includes most national insurance companies as well as selected regional providers. Horizon Insurance Agency LLC was founded in 1990 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-27 McCarthy & Trinka

Oak Brook, Illinois, United States

McCarthy & Trinka, Inc. is a provider of full range of insurance services. McCarthy & Trinka, Inc. was founded in 1950 and is based in Oak Brook, Illinois.

Buy -