M&A Deal Summary

AssuredPartners Acquires Sheffer Insurance Agency

On January 7, 2022, AssuredPartners acquired insurance company Sheffer Insurance Agency

Acquisition Highlights
  • This is AssuredPartners’ 221st transaction in the Insurance sector.
  • This is AssuredPartners’ 228th transaction in the United States.
  • This is AssuredPartners’ 12th transaction in Illinois.

M&A Deal Summary

Date 2022-01-07
Target Sheffer Insurance Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Sheffer Insurance Agency

Herrin, Illinois, United States
Sheffer Insurance Agency is a provider of an insurance solutions for individuals, businesses of all sizes. Sheffer Insurance Agency is based in Herrin, 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 234 of 257
Sector (Insurance) 221 of 243
Type (Add-on Acquisition) 223 of 246
State (Illinois) 12 of 13
Country (United States) 228 of 249
Year (2022) 2 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Fred C. Church

Lowell, Massachusetts, United States

Fred C. Church is a provider of a full range of insurance services. Fred C. Church was founded in 1865 and is based in Lowell, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 Group Benefit Partners

Fort Madison, Iowa, United States

Group Benefit Partners is a full-service employee benefit consulting firm, that provides the following end-to-end Benefit and HR solutions designed to help clients offer better “employee-centric” health benefits, while reducing liability, workload, and overall costs. Group Benefit Partners is based in Fort Madison, Iowa.

Buy -