M&A Deal Summary

AssuredPartners Acquires Stoutamire-Pavlik & Associates

On November 22, 2013, AssuredPartners acquired insurance company Stoutamire-Pavlik & Associates

Acquisition Highlights
  • This is AssuredPartners’ 20th transaction in the Insurance sector.
  • This is AssuredPartners’ 20th transaction in the United States.
  • This is AssuredPartners’ 3rd transaction in Florida.

M&A Deal Summary

Date 2013-11-22
Target Stoutamire-Pavlik & Associates
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Stoutamire-Pavlik & Associates

Monticello, Florida, United States
The Stoutamire-Pavlik & Associates an independent insurance firm, offers a range of property and casualty insurance options for forestry industry clients, including workers’ compensation, general liability and commercial auto.

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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 22 of 257
Sector (Insurance) 20 of 243
Type (Add-on Acquisition) 20 of 246
State (Florida) 3 of 25
Country (United States) 20 of 249
Year (2013) 13 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-14 MGA Property & Casualty Insurance Agency

Lakewood Ranch, Florida, United States

MGA Property & Casualty Insurance Agency, LLC, the retail division of MGA Insurance. Located in Sarasota, Fla., the agency specializes in property and casualty services, including workers’ compensation, builder’s risk insurance and surety bonding for businesses of all sizes; and personal insurance, including auto insurance, homeowners’ insurance and umbrella insurance policies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-13 Evans Insurance Agency

Akron,, Ohio, United States

Evans Insurance Agency, specializes in business insurance, including workers’ compensation, liability and group employee benefit plans, personal insurance, including home, automobile and renters’ insurance and life and health services, including life insurance, long-term care and estate planning.

Buy -