M&A Deal Summary

Digital Insurance Acquires Reese Yeatman & Associates

On February 10, 2011, Digital Insurance acquired insurance company Reese Yeatman & Associates

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

M&A Deal Summary

Date 2011-02-10
Target Reese Yeatman & Associates
Sector Insurance
Buyer(s) Digital Insurance
Deal Type Add-on Acquisition

Target

Reese Yeatman & Associates

Bethesda, Maryland, United States
Reese Yeatman & Associates, Inc. is a provider of customized business insurance programs.

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Buyer(S) 1

Buyer

Digital Insurance

Atlanta, Georgia, United States

Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Digital Insurance, Inc. is an employee benefits platform specializing in health insurance distribution and benefits management for small and mid-sized businesses. Digital manages more than 20,000 employer clients, 250 broker partnerships and more than $1 billion in annual premiums. Digital's largest division, Digital Benefits Advisors, is a rapidly growing health benefits brokerage agency that utilizes Digital's highly scalable benefits technology platform to successfully target the SMB marketplace on a direct basis.


DEAL STATS #
Overall 3 of 31
Sector (Insurance) 3 of 28
Type (Add-on Acquisition) 3 of 29
State (Maryland) 1 of 1
Country (United States) 3 of 31
Year (2011) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-01 CCA Consulting

Reston, Virginia, United States

CCA Consulting, Inc. is a provider of employee benefit brokerage service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-15 The Benefit Group of New England

Colchester, Vermont, United States

The Benefit Group of New England, LLC is a group insurance agency and employee benefits consulting firm serving more than 300 New England and northern New York employers.

Buy -