M&A Deal Summary

AssuredPartners Acquires Jack Rice Insurance

On July 31, 2024, AssuredPartners acquired insurance company Jack Rice Insurance

Acquisition Highlights
  • This is AssuredPartners’ 241st transaction in the Insurance sector.
  • This is AssuredPartners’ 247th transaction in the United States.
  • This is AssuredPartners’ 25th transaction in Florida.

M&A Deal Summary

Date 2024-07-31
Target Jack Rice Insurance
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Jack Rice Insurance

St. Petersburg, Florida, United States
Jack Rice Insurance provides a full range of insurance services. Jack Rice Insurance was formed in 1985 and is based in St. Petersburg, 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 255 of 257
Sector (Insurance) 241 of 243
Type (Add-on Acquisition) 244 of 246
State (Florida) 25 of 25
Country (United States) 247 of 249
Year (2024) 2 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-02 Halstead Insurance

Fitchburg, Massachusetts, United States

Halstead Insurance is an agency specializing in personal and commercial insurance. Halstead Insurance was founded in 1966 and is based in Fitchburg, Massachusetts.

Buy -