M&A Deal Summary

Cross Financial Acquires Cross Insurance Wakefield

On March 22, 2011, Cross Financial acquired insurance company Cross Insurance Wakefield

Acquisition Highlights
  • This is Cross Financial’s 1st transaction in the Insurance sector.
  • This is Cross Financial’s 1st transaction in the United States.
  • This is Cross Financial’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2011-03-22
Target Cross Insurance Wakefield
Sector Insurance
Buyer(s) Cross Financial
Deal Type Add-on Acquisition

Target

Cross Insurance Wakefield

Wakefield, Massachusetts, United States
Cross Insurance, a focused product-line which includes a wide array of insurance products and choices, and a commitment to personal service have helped the agency grow into northern New England’s largest independent insurance provider.

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Buyer(S) 1

Buyer

Cross Financial

Bangor, Maine, United States
Category Company
Sector Insurance
DESCRIPTION

Cross Financial Corp. is a provider of insurance agency services for commercial and personal property.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
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