M&A Deal Summary

AssuredPartners Acquires Lundstrom Insurance Agency

On January 23, 2020, AssuredPartners acquired insurance company Lundstrom Insurance Agency

Acquisition Highlights
  • This is AssuredPartners’ 171st transaction in the Insurance sector.
  • This is AssuredPartners’ 176th transaction in the United States.
  • This is AssuredPartners’ 6th transaction in Illinois.

M&A Deal Summary

Date 2020-01-23
Target Lundstrom Insurance Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Lundstrom Insurance Agency

Elgin, Illinois, United States
Lundstrom Insurance Agency, Inc. is a provider of personal and business insurance services for liability, car, life in the Chicago area. Lundstrom Insurance Agency is based in Elgin, Illinois.

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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 179 of 257
Sector (Insurance) 171 of 243
Type (Add-on Acquisition) 170 of 246
State (Illinois) 6 of 13
Country (United States) 176 of 249
Year (2020) 4 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-21 Corkill Insurance Agency

Elk Grove Village, Illinois, United States

Corkill Insurance Agency, Inc. is an independent insurance agency providing personal, business and employee benefits insurance services. Corkill Insurance Agency was founded in 1959 and is based in Elk Grove Village, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-13 Nevada West Business Insurance Agency

Las Vegas, Nevada, United States

Nevada West Business Insurance Agency, Inc. is an independent insurance agency. Nevada West providing the best benefits of coverage, costs, and excellence service offerings to our customers. Nevada West Business Insurance Agency was established in 1967 and is based in Las Vegas, Nevada.

Buy -