M&A Deal Summary

AssuredPartners Acquires Tutton Insurance Services

On October 2, 2019, AssuredPartners acquired insurance company Tutton Insurance Services

Acquisition Highlights
  • This is AssuredPartners’ 162nd transaction in the Insurance sector.
  • This is AssuredPartners’ 167th transaction in the United States.
  • This is AssuredPartners’ 6th transaction in California.

M&A Deal Summary

Date 2019-10-02
Target Tutton Insurance Services
Sector Insurance
Buyer(s) AssuredPartners
Deal Type Add-on Acquisition

Target

Tutton Insurance Services

Santa Ana, California, United States
Tutton Insurance Services, Inc. is a provider of insurance and financial products to the personal and business market. Tutton Insurance Services, Inc. was founded in 1988 and is based in Santa Ana, California.

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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 170 of 257
Sector (Insurance) 162 of 243
Type (Add-on Acquisition) 161 of 246
State (California) 6 of 14
Country (United States) 167 of 249
Year (2019) 24 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-26 Truck Insure

West Lafayette, Indiana, United States

Truck Insure, Inc. is a provider of commercial truck insurance services. Truck Insure is based in West Lafayette, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-04 Healthcare Consultants

Houston, Texas, United States

Healthcare Consultants, Inc. is a provider of consistent, reliable, and comprehensive employee benefits for small and large eligible groups. Healthcare Consultants is based in Houston, Texas.

Buy -