M&A Deal Summary

AssuredPartners Acquires Synergy Professional Associates

On October 17, 2017, AssuredPartners acquired insurance company Synergy Professional Associates

Acquisition Highlights
  • This is AssuredPartners’ 102nd transaction in the Insurance sector.
  • This is AssuredPartners’ 107th transaction in the United States.
  • This is AssuredPartners’ 10th transaction in New Jersey.

M&A Deal Summary

Date 2017-10-17
Target Synergy Professional Associates
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Synergy Professional Associates

Fairfield, New Jersey, United States
Synergy Professional Associates, Inc. is a provider of insurance professionals with a gateway to markets and carriers outside the broad categories and general needs of their typical customers. Synergy Professional Associates, Inc. was established in 1991 and is based in Fairfield, New Jersey.

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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 109 of 257
Sector (Insurance) 102 of 243
Type (Add-on Acquisition) 102 of 246
State (New Jersey) 10 of 12
Country (United States) 107 of 249
Year (2017) 16 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-07 Herlong Bates Burnett Insurance

Greenville, South Carolina, United States

Herlong Bates Burnett Insurance, Inc. is a full service insurance agency providing business, personal, health and life insurance products from a variety of trusted companies. Herlong Bates Burnett Insurance, Inc. was established in 2002 and is based in Greenville, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-18 Hope Aviation Insurance

Columbia, South Carolina, United States

Hope Aviation Insurance, Inc. is a provider of insurance solutions to the aviation industry. Hope Aviation Insurance, Inc. was established in 1963 and is based in Columbia, South Carolina.

Buy -