M&A Deal Summary

Cross Insurance Wakefield Acquires Troy Pires & Allen Insurance

On April 9, 2014, Cross Insurance Wakefield acquired insurance company Troy Pires & Allen Insurance

Acquisition Highlights
  • This is Cross Insurance Wakefield’s 1st transaction in the Insurance sector.
  • This is Cross Insurance Wakefield’s 1st transaction in the United States.
  • This is Cross Insurance Wakefield’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2014-04-09
Target Troy Pires & Allen Insurance
Sector Insurance
Buyer(s) Cross Insurance Wakefield
Deal Type Add-on Acquisition

Target

Troy Pires & Allen Insurance

East Providence, Rhode Island, United States
Troy, Pires & Allen Insurance LLC is an insurance agency which offers personal and business insurance services.

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Buyer(S) 1

Buyer

Cross Insurance Wakefield

Wakefield, Massachusetts, United States
Category Company
Sector Insurance
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 5
Sector (Insurance) 1 of 5
Type (Add-on Acquisition) 1 of 5
State (Rhode Island) 1 of 2
Country (United States) 1 of 5
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-21 Merchant Needham & Associates

Northeast Harbor, Maine, United States

Merchant, Needham & Associates is an independent insurance agency.

Buy -
Mergr

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