M&A Deal Summary

AssuredPartners Acquires Clark Associates

On March 8, 2016, AssuredPartners acquired insurance company Clark Associates

Acquisition Highlights
  • This is AssuredPartners’ 70th transaction in the Insurance sector.
  • This is AssuredPartners’ 74th transaction in the United States.
  • This is AssuredPartners’ 4th transaction in Alabama.

M&A Deal Summary

Date 2016-03-08
Target Clark Associates
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Clark Associates

Birmingham, Alabama, United States
Clark Associates, Inc. is a provider of full service independent insurance agency specializing in both personal and commercial insurance services.

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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 76 of 257
Sector (Insurance) 70 of 243
Type (Add-on Acquisition) 73 of 246
State (Alabama) 4 of 5
Country (United States) 74 of 249
Year (2016) 8 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 MRW Group

Hauppauge, New York, United States

MRW Group, Inc. is a full-service insurance agency offering a multitude of insurance products from the top-rated insurance companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Executive Liability Managers Insurance Brokers

El Segundo, California, United States

Executive Liability Managers Insurance Brokers (ELM) is a provider of wholesale insurance brokerage services.

Buy -