M&A Deal Summary

Duffy Insurance Agency Acquires Jay Colangelo Insurance

On June 14, 2016, Duffy Insurance Agency acquired insurance company Jay Colangelo Insurance

Acquisition Highlights
  • This is Duffy Insurance Agency’s 2nd transaction in the Insurance sector.
  • This is Duffy Insurance Agency’s 2nd transaction in the United States.
  • This is Duffy Insurance Agency’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2016-06-14
Target Jay Colangelo Insurance
Sector Insurance
Buyer(s) Duffy Insurance Agency
Deal Type Add-on Acquisition

Target

Jay Colangelo Insurance

Chelmsford, Massachusetts, United States
Jay Colangelo Insurance, Inc. is a provider of personal and business insurance services.

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Buyer(S) 1

Buyer

Duffy Insurance Agency

Lynn, Massachusetts, United States

Category Company
Founded 1996
Sector Insurance
DESCRIPTION

Duffy Insurance Agency is a local insurance agency, dedicated to serving the diverse Massachusetts insurance needs of area individuals, families and businesses.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Connolly Insurance Agency

North Easton, Massachusetts, United States

Connolly Insurance Agency a family-owned agency provides insurance brokerage services to businesses, families, and personal insurance customers.

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