M&A Deal Summary

CoVerica Acquires Pacific Agency

On March 18, 2013, CoVerica acquired insurance company Pacific Agency

Acquisition Highlights
  • This is CoVerica’s 1st transaction in the Insurance sector.
  • This is CoVerica’s 1st transaction in the United States.
  • This is CoVerica’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-03-18
Target Pacific Agency
Sector Insurance
Buyer(s) CoVerica
Deal Type Add-on Acquisition

Target

Pacific Agency

Addison, Texas, United States
Pacific Agency, Inc. specializes in artisan contractors, property managers, personal lines and a wide variety of other risks.

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Buyer(S) 1

Buyer

CoVerica

Dallas, Texas, United States

Category Company
Founded 1983
Sector Insurance
DESCRIPTION

CoVerica, Inc. is an independent insurance agency here to aggressively shop the market for the ultimate in protection and pricing.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1