M&A Deal Summary

BB&T Insurance Services Acquires Thornton & Harwell Agency

On October 16, 2000, BB&T Insurance Services acquired insurance company Thornton & Harwell Agency

Acquisition Highlights
  • This is BB&T Insurance Services’ 13th transaction in the Insurance sector.
  • This is BB&T Insurance Services’ 13th transaction in the United States.
  • This is BB&T Insurance Services’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2000-10-16
Target Thornton & Harwell Agency
Sector Insurance
Buyer(s) BB&T Insurance Services
Deal Type Add-on Acquisition

Target

Thornton & Harwell Agency

Brentwood, Tennessee, United States
Thornton & Harwell Agency, Inc. is a provider of various insurance services.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

BB&T Insurance Services

South Alpharetta, Georgia, United States
Category Company
Founded 1922
Sector Insurance
DESCRIPTION

BB&T Insurance Services, a wholly owned subsidiary of Branch Banking and Trust Company, operates 72 agencies in North Carolina, Virginia, Georgia, South Carolina, Maryland, West Virginia, Tennessee, Florida, Kentucky and Alabama.

DEAL STATS #
Overall 13 of 50
Sector (Insurance) 13 of 48
Type (Add-on Acquisition) 13 of 50
State (Tennessee) 1 of 2
Country (United States) 13 of 50
Year (2000) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-16 Poindexter & Associates

Martinsville, Virginia, United States

Poindexter & Associates, Inc. is a health insurance and employee benefits agency.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-16 Clark Consulting Group

Roanoke, Virginia, United States

Clark Consulting Group, Inc. is a provider of full range of insurance services.

Buy -
Mergr

Product

Company

Legal