Add-on Acquisition • Insurance

BB&T Insurance Services Acquires Ramsay Title Group

On January 17, 2008, BB&T Insurance Services acquired insurance company Ramsay Title Group

Acquisition Context
  • This is BB&T Insurance Services’ 39th transaction in the Insurance sector.
  • This is BB&T Insurance Services’ 41st transaction in the United States.
  • This is BB&T Insurance Services’ 12th transaction in Georgia.

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M&A Deal Summary

Date January 17, 2008
Target Ramsay Title Group
Sector Insurance
Buyer(s) BB&T Insurance Services
Deal Type Add-on Acquisition

Target Company

Ramsay Title Group

Norcross, Georgia, United States
Ramsay Title Group LLC is a provider of risk management and employee benefits services.
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Buyer Overview 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 Context for Buyer #
Overall 41 of 50
Sector: Insurance 39 of 48
Type: Add-on Acquisition 41 of 50
State: Georgia 12 of 12
Country: United States 41 of 50
Year: 2008 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-13 Ott & Co.

Alpharetta, Georgia, United States

Ott & Co., Inc. is a full-service employee benefits brokerage providing medical and dental benefits, life insurance, and disability income insurance to more than 400 corporate clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-28 Burkey Risk Services

Maitland, Florida, United States

Burkey Risk Services, Inc. is a provider of risk management and employee benefits services.

Buy -