M&A Deal Summary

AssuredPartners Acquires Torres Insurance Agency

On January 3, 2019, AssuredPartners acquired insurance company Torres Insurance Agency

Acquisition Highlights
  • This is AssuredPartners’ 141st transaction in the Insurance sector.
  • This is AssuredPartners’ 146th transaction in the United States.
  • This is AssuredPartners’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2019-01-03
Target Torres Insurance Agency
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Torres Insurance Agency

Chicopee, Massachusetts, United States
Torres Insurance Agency, Inc. is a provider of full range of insurance services. Torres Insurance Agency provides unparalleled service along with innovative and diverse coverage options that reflect a mercurial market. Torres Insurance Agency, Inc. is based in Chicopee, Massachusetts.

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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 149 of 257
Sector (Insurance) 141 of 243
Type (Add-on Acquisition) 140 of 246
State (Massachusetts) 1 of 6
Country (United States) 146 of 249
Year (2019) 3 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 Darton

Westport, Connecticut, United States

Darton & Co., Inc. is a provider of insurance services. Darton offers personal lines agencies with a focus on high net worth clients and partnerships with the premier insurance carriers. Darton & Co., Inc. is based in Westport, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-18 The Langley Agency

Boca Raton, Florida, United States

The Langley Agency is a provider of auto/car, homeowners, and business/commercial insurance services. Specializing in securing the insurance needs of individuals, families and small business owners. The Langley Agency was founded in 1990 and is based in Boca Raton, Florida.

Buy -