M&A Deal Summary

AssuredPartners Acquires IFS Benefits

On February 27, 2023, AssuredPartners acquired insurance company IFS Benefits

Acquisition Highlights
  • This is AssuredPartners’ 239th transaction in the Insurance sector.
  • This is AssuredPartners’ 245th transaction in the United States.
  • This is AssuredPartners’ 2nd transaction in Delaware.

M&A Deal Summary
Date 2023-02-27
Target IFS Benefits
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

IFS Benefits

Newark, Delaware, United States
IFS Benefits provides products, services, and innovative solutions to meet clients' business needs. It guides clients through the continually changing landscape of employee benefits and places a strong focus on cost containment, quality service, and legislative compliance. IFS Benefits is based in Newark, Delaware.

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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 253 of 257
Sector (Insurance) 239 of 243
Type (Add-on Acquisition) 242 of 246
State (Delaware) 2 of 2
Country (United States) 245 of 249
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-16 J. Ryan Bonding

Hudson, Wisconsin, United States

J. Ryan Bonding provides surety bonds to contractors. We service all types of contractors from general contractors and sub trades to excavating contractors. J. Ryan Bonding was founded in 1997 and is based in Hudson, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-23 Italiano Insurance

Tampa, Florida, United States

Italiano Insurance is a provider of a full range of insurance services. Italiano Insurance was formed in 1960 and is headquartered in Tampa, Florida.

Buy -
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