Add-on Acquisition • Insurance

AssuredPartners Acquires Redmond General Insurance Agency

On December 21, 2015, AssuredPartners acquired insurance company Redmond General Insurance Agency

Acquisition Context
  • This is AssuredPartners’ 62nd transaction in the Insurance sector.
  • This is AssuredPartners’ 66th transaction in the United States.
  • This is AssuredPartners’ 2nd transaction in Washington.

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M&A Deal Summary

Date December 21, 2015
Target Redmond General Insurance Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target Company

Redmond General Insurance Agency

Redmond, Washington, United States
Redmond General Insurance Agency, Inc. is an independent insurance agency, providing a broad range of commercial and personal insurance including a focus on local trucking.
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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 68 of 257
Sector: Insurance 62 of 243
Type: Add-on Acquisition 65 of 246
State: Washington 2 of 4
Country: United States 66 of 249
Year: 2015 29 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-15 D.M. Lovitt Insurance Agency

Tucson, Arizona, United States

D.M. Lovitt Insurance Agency is an insurance services provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-12 Archer A. Associates

Franklin Square, New York, United States

Archer A. Associates, Inc. is a provider of full range of insurance services.

Buy -