Add-on Acquisition • Insurance

AssuredPartners Acquires Insurance Associates - Magee

On April 3, 2018, AssuredPartners acquired insurance company Insurance Associates - Magee

Acquisition Context
  • This is AssuredPartners’ 117th transaction in the Insurance sector.
  • This is AssuredPartners’ 122nd transaction in the United States.
  • This is AssuredPartners’ 1st transaction in Mississippi.

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M&A Deal Summary

Date April 3, 2018
Target Insurance Associates - Magee
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target Company

Insurance Associates - Magee

Magee, Mississippi, United States
Insurance Associates is a multi-line insurance agency servicing families, individuals and businesses. Insurance Associates was established in 1977 and is based in Magee, Mississippi.
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Buyer Overview 1

Buyer

AssuredPartners

Orlando, Florida, United States

Category Company
Founded 2011
Sector Insurance
Revenue 2.9B USD (2024)
DESCRIPTION
AssuredPartners office in Roseville, Minnesota.
AssuredPartners office in Roseville, Minnesota.

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 Context for Buyer #
Overall 124 of 257
Sector: Insurance 117 of 243
Type: Add-on Acquisition 117 of 246
State: Mississippi 1 of 1
Country: United States 122 of 249
Year: 2018 9 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-02 AgentLink

Louisville, Kentucky, United States

AgentLink is an employee benefits agent partnership platform. AgentLink was established in 1991 and is based in Louisville, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-19 The Elan Group

Tampa, Florida, United States

The Elan Group is an employee benefits firm specializing in the design, enrollment and service of employee benefits plans. The Elan Group was established in 1986 and is based in Tampa, Florida.

Buy -