M&A Deal Summary

AssuredPartners Acquires Florida Insurance Specialists

On July 18, 2016, AssuredPartners acquired insurance company Florida Insurance Specialists

Acquisition Highlights
  • This is AssuredPartners’ 81st transaction in the Insurance sector.
  • This is AssuredPartners’ 85th transaction in the United States.
  • This is AssuredPartners’ 7th transaction in Florida.

M&A Deal Summary

Date 2016-07-18
Target Florida Insurance Specialists
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Florida Insurance Specialists

Lake Mary, Florida, United States
Florida Insurance Specialists LLC is an independent insurance agency, offering personal lines of coverage in the state, with access to over 50 companies. FIS was formed in 2004 and is based in Lake Mary, Florida.

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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 87 of 257
Sector (Insurance) 81 of 243
Type (Add-on Acquisition) 80 of 246
State (Florida) 7 of 25
Country (United States) 85 of 249
Year (2016) 19 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-14 Gerrity Baker Williams

Flanders, New Jersey, United States

Gerrity, Baker, Williams, Inc. is an insurance broker focusing on business, personal and life insurance needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-19 Centennial Surety Associates

Millersville, Maryland, United States

Centennial Surety Associates, Inc. is a construction surety specialist attracting preferred bond users and providing them with the highest degree of professional service.

Buy -