M&A Deal Summary

AssuredPartners Acquires Herlong Bates Burnett Insurance

On September 7, 2017, AssuredPartners acquired insurance company Herlong Bates Burnett Insurance

Acquisition Highlights
  • This is AssuredPartners’ 101st transaction in the Insurance sector.
  • This is AssuredPartners’ 106th transaction in the United States.
  • This is AssuredPartners’ 5th transaction in South Carolina.

M&A Deal Summary

Date 2017-09-07
Target Herlong Bates Burnett Insurance
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Herlong Bates Burnett Insurance

Greenville, South Carolina, United States
Herlong Bates Burnett Insurance, Inc. is a full service insurance agency providing business, personal, health and life insurance products from a variety of trusted companies. Herlong Bates Burnett Insurance, Inc. was established in 2002 and is based in Greenville, South Carolina.

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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 108 of 257
Sector (Insurance) 101 of 243
Type (Add-on Acquisition) 101 of 246
State (South Carolina) 5 of 7
Country (United States) 106 of 249
Year (2017) 15 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-14 Naught-Naught Agency

Jefferson City, Missouri, United States

Naught-Naught Agency is a provider of diversified insurance solutions that are both personal and local. Naught-Naught Agency was established in 1972 and is based in Jefferson City, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 Synergy Professional Associates

Fairfield, New Jersey, United States

Synergy Professional Associates, Inc. is a provider of insurance professionals with a gateway to markets and carriers outside the broad categories and general needs of their typical customers. Synergy Professional Associates, Inc. was established in 1991 and is based in Fairfield, New Jersey.

Buy -