M&A Deal Summary |
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Date | 2016-02-08 |
Target | Social Security Advocates for the Disabled |
Sector | Insurance |
Buyer(s) | Brown & Brown |
Sellers(s) | Century Equity Partners |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 1939 |
Sector | Insurance |
Employees | 16,152 |
Revenue | 4.2B USD (2023) |
Brown & Brown is a provider of insurance and reinsurance products and services to general business, corporate, governmental and quasi-governmental, institutional, professional, trade association and individual clients. Brown & Brown was founded in 1939 and is based in Daytona Beach, Florida.
DEAL STATS | # |
---|---|
Overall | 45 of 109 |
Sector (Insurance) | 42 of 97 |
Type (Add-on Acquisition) | 43 of 105 |
State (Massachusetts) | 2 of 8 |
Country (United States) | 45 of 103 |
Year (2016) | 2 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-02-05 |
Lumbermens Insurance and Risk Solutions
Bend, Oregon, United States Lumbermens Insurance and Risk Solutions is a provider of personal lines and commercial insurance services from offices in Bend, Oregon. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-05-16 |
Morstan General Agency
Manhasset, New York, United States Morstan General Agency is a privately held wholesale insurance agency that prides itself in providing the highest standard of quality and service in the industry. Company have been dedicated to serving thousands of clients with a wide range of products including Commercial lines, Personal lines, and Health and benefits. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 1987 |
PE ASSETS | 885M USD |
Size | Middle-Market |
Type | Sector Agnostic |
Century Equity Partners is an asset management firm invests in lower middle-market companies located in the US. Century Equity Partners focuses on companies with rapidly growing, profitable businesses led by strong management teams with an enterprise value between $15 and $300 million and equity capital ranging from $5 to $30 million and in conjunction with its limited partners and select co-investors can commit up to $100 million to a single transaction. The Firm targets companies operating in the fields of financial services, insurance, and healthcare services. Types of transactions include buyouts and growth capital. It seeks minority interest and also considers co-invests. Century Equity Partners was formed in 1987 and is based in Boston, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 16 of 23 |
Sector (Insurance) | 10 of 12 |
Type (Add-on Acquisition) | 7 of 13 |
State (Massachusetts) | 1 of 1 |
Country (United States) | 10 of 17 |
Year (2016) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-08-05 |
Tysers
London, United Kingdom Tysers is a specialty commercial property & casualty insurance brokerage firm headquartered in the U.K. Tysers serves as an intermediary between retail and/or wholesale insurance brokers to facilitate the placement of unusual, complex, or specialized coverages within the London market, notably to Lloyds of London, and global insurance markets. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-04-08 |
Conner Strong & Buckelew
Camden, New Jersey, United States Conner Strong & Buckelew is a major insurance, risk management and employee benefits brokerage and consulting firm. Conner Strong offers customized programs designed to align with organizational goals and drive bottom-line growth. Conner Strong provides insurance and risk services to a wide range of industries including but not limited to aviation, construction, education, healthcare, hospitality & gaming, life science & technology, public entity, and real estate. Conner Strong & Buckelew was founded in 1959 and is based in Camden, New Jersey. |
Buy | - |