Divestiture • Insurance

AssuredPartners Acquires Pat Moore Insurance Services

On March 15, 2016, AssuredPartners acquired insurance company Pat Moore Insurance Services from Care Providers Insurance Services

Acquisition Context
  • This is AssuredPartners’ 72nd transaction in the Insurance sector.
  • This is AssuredPartners’ 76th transaction in the United States.
  • This is AssuredPartners’ 1st transaction in Texas.

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M&A Deal Summary

Date March 15, 2016
Target Pat Moore Insurance Services
Sector Insurance
Buyer(s) AssuredPartners
Sellers(s) Care Providers Insurance Services
Deal Type Divestiture

Target Company

Pat Moore Insurance Services

Addison, Texas, United States
Pat Moore Insurance Services is a wholesaler that finds the best in coverage, price and class for independent insurance agent clients. By providing a deep insurance expertise and knowledge they are able to offer access to key markets and are truly specialists in professional liability insurance coverage.
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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 78 of 257
Sector: Insurance 72 of 243
Type: Divestiture 4 of 10
State: Texas 1 of 17
Country: United States 76 of 249
Year: 2016 10 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Executive Liability Managers Insurance Brokers

El Segundo, California, United States

Executive Liability Managers Insurance Brokers (ELM) is a provider of wholesale insurance brokerage services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-21 AssureSouth

Spartanburg, South Carolina, United States

AssureSouth, Inc. is a provider of professional and personal insurance solutions.

Buy -

Seller Profile 1

SELLER

Care Providers Insurance Services

Addison, Texas, United States

Category Company
Sector Insurance
DESCRIPTION

Care Providers Insurance Services is a provider of full range of insurance services.


Deal Context for Seller #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1