M&A Deal Summary

CBIZ Acquires Slaton Insurance

On June 6, 2017, CBIZ acquired insurance company Slaton Insurance

Acquisition Highlights
  • This is CBIZ’s 26th transaction in the Insurance sector.
  • This is CBIZ’s 46th transaction in the United States.
  • This is CBIZ’s 6th transaction in Florida.

M&A Deal Summary

Date 2017-06-06
Target Slaton Insurance
Sector Insurance
Buyer(s) CBIZ
Deal Type Add-on Acquisition

Target

Slaton Insurance

West Palm Beach, Florida, United States
Slaton Insurance is an insurance agency. With a specialty in golf and country clubs, Slaton provides property and casualty and personal lines insurance to clients in various industries. Slaton Insurance was founded in 1923 and is based in West Palm Beach, Florida

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Buyer(S) 1

Buyer

CBIZ

Cleveland, Ohio, United States

Category Company
Founded 1987
Sector Business Services
Employees6,700
Revenue 1.6B USD (2023)
DESCRIPTION

CBIZ provides professional business services, products and solutions that help its clients grow and succeed by better managing their finances and employees. These services are provided to businesses of various sizes, as well as individuals, governmental entities and not-for-profit enterprises throughout the United States and parts of Canada. CBIZ delivers its integrated services through the following three practice groups: Financial Services, Employee Services, and National Practices. By providing custom solutions that help clients manage their finances and employees, CBIZ enables its clients to focus their resources on their own core business and operational competencies. CBIZ was founded in 1987 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 46 of 69
Sector (Insurance) 26 of 29
Type (Add-on Acquisition) 40 of 62
State (Florida) 6 of 6
Country (United States) 46 of 68
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-02 The Seff Group P.C. - Non-Attest Business

Denver, Colorado, United States

The Seff Group, P.C. - Non-Attest Business is a provider of financial advisory services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-03 InR Advisory Services

Media, Pennsylvania, United States

InR Advisory Services LLC is a provider of an investment advisory services for public and private sector clients and non-profit organizations.

Buy -