M&A Deal Summary

AssuredPartners Acquires Philips Agency

On January 25, 2017, AssuredPartners acquired insurance company Philips Agency

Acquisition Highlights
  • This is AssuredPartners’ 87th transaction in the Insurance sector.
  • This is AssuredPartners’ 92nd transaction in the United States.
  • This is AssuredPartners’ 3rd transaction in Missouri.

M&A Deal Summary

Date 2017-01-25
Target Philips Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Philips Agency

Lee's Summit, Missouri, United States
Philips Agency, Inc. is a full service health insurance broker. Philips Agency, Inc. is based in Lee's Summit, Missouri.

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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 94 of 257
Sector (Insurance) 87 of 243
Type (Add-on Acquisition) 87 of 246
State (Missouri) 3 of 9
Country (United States) 92 of 249
Year (2017) 1 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-22 TJ&S

Pittsburgh, Pennsylvania, United States

TJS Insurance Group is provider of professional insurance advice and products to thousands of companies and individuals. TJS Insurance Group was established in 1924 and is headquartered in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-16 Dealey Renton & Associates Insurance Brokers

Oakland, California, United States

Dealey, Renton & Associates Insurance Brokers is an independent insurance agency. DRA works with companies in many industries along with specializing in professional liability for architects, engineers, environmental consultants and other design firms.

Buy -