M&A Deal Summary

Breckenridge IS Acquires REcentis Intermediaries

On February 1, 2011, Breckenridge IS acquired insurance company REcentis Intermediaries

Acquisition Highlights
  • This is Breckenridge IS’s 1st transaction in the Insurance sector.
  • This is Breckenridge IS’s 1st transaction in the United States.
  • This is Breckenridge IS’s 1st transaction in California.

M&A Deal Summary

Date 2011-02-01
Target REcentis Intermediaries
Sector Insurance
Buyer(s) Breckenridge IS
Deal Type Add-on Acquisition

Target

REcentis Intermediaries

Westlake Village, California, United States
REcentis Intermediaries LLC, a specialty reinsurance broker has expertise in energy, casualty and financial reinsurance. It has consulted, designed and executed reinsurance programs for risk retention groups, captives, program administrators and Fortune 500 companies.

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Buyer(S) 1

Buyer

Breckenridge IS

Aurora, Ohio, United States

Category Company
Founded 2009
Sector Insurance
DESCRIPTION

Breckenridge Insurance Group provides property and casualty wholesale brokerage and insurance services to commercial clients on a nationwide basis. Company provides workers compensation, property, and liability brokerage, and managing general underwriter and reinsurance services.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1