M&A Deal Summary

Covu Acquires Ford Insurance

On June 20, 2025, Covu acquired insurance company Ford Insurance

Acquisition Highlights
  • This is Covu’s 3rd transaction in the Insurance sector.
  • This is Covu’s 3rd transaction in the United States.
  • This is Covu’s 1st transaction in Maine.

M&A Deal Summary

Date 2025-06-20
Target Ford Insurance
Sector Insurance
Buyer(s) Covu
Deal Type Add-on Acquisition

Target

Ford Insurance

Eliot, Maine, United States
Ford Insurance is a full-service agency offering business and personal insurance solutions nationwide. Ford Insurance is based in Eliot, Maine.

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Buyer(S) 1

Buyer

Covu

Redwood, California, United States

Category Company
Sector Insurance
DESCRIPTION

Covu offers a digital platform that supports property and casualty insurance agencies by streamlining their operational processes. Covu is based in Redwood, California.


DEAL STATS #
Overall 3 of 6
Sector: Insurance M&A 3 of 6
Type: Add-on Acquisition M&A Deals 3 of 6
State: Maine M&A 1 of 1
Country: United States M&A 3 of 6
Year: 2025 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-05 Lords Insurance Agency

Westminster, California, United States

Lords Insurance Agency offers a comprehensive range of insurance solutions designed to address both individual and commercial risk management needs. Lords Insurance Agency was founded in 1976 and is based in Westminster, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-08 Leland Insurance Services

Sacramento, California, United States

Leland Insurance Services is an independent insurance broker that offers financial performance, client retention, and carrier partnerships. Leland Insurance Services is based in Sacramento, California.

Buy -