M&A Deal Summary

Driver Alliant Insurance Services Acquires Gaddy Ward & Co. Insurance Brokers

On May 17, 2004, Driver Alliant Insurance Services acquired insurance company Gaddy Ward & Co. Insurance Brokers

Acquisition Highlights
  • This is Driver Alliant Insurance Services’ 1st transaction in the Insurance sector.
  • This is Driver Alliant Insurance Services’ 1st transaction in the United States.
  • This is Driver Alliant Insurance Services’ 1st transaction in California.

M&A Deal Summary

Date 2004-05-17
Target Gaddy Ward & Co. Insurance Brokers
Sector Insurance
Buyer(s) Driver Alliant Insurance Services
Deal Type Add-on Acquisition

Target

Gaddy Ward & Co. Insurance Brokers

Lodi, California, United States
Gaddy Ward & Co. Insurance Brokers providing products, services and expertise to the commercial construction industry.

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Buyer(S) 1

Buyer

Driver Alliant Insurance Services

San Diego, California, United States

Category Company
Founded 1925
Sector Insurance
DESCRIPTION

Driver Alliant Insurance Services, Inc. operates as a multi-line insurance brokerage company.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1