M&A Deal Summary

First Light Program Managers Acquires Marine N-Surance Brokers

On October 13, 2021, First Light Program Managers acquired insurance company Marine N-Surance Brokers

Acquisition Highlights
  • This is First Light Program Managers’ 3rd transaction in the Insurance sector.
  • This is First Light Program Managers’ 3rd transaction in the United States.
  • This is First Light Program Managers’ 1st transaction in Alabama.

M&A Deal Summary

Date 2021-10-13
Target Marine N-Surance Brokers
Sector Insurance
Buyer(s) First Light Program Managers
Deal Type Add-on Acquisition

Target

Marine N-Surance Brokers

Birmingham, Alabama, United States
Marine N-Surance Brokers is a provider of insurance broking services and specializes in all lines of the commercial hull, marine liability, yacht, and marine operators insurance.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

First Light Program Managers

Dania, Florida, United States

Category Company
Founded 2007
Sector Insurance
DESCRIPTION

First Light Program Managers is a managing general agency that offers specialty insurance products for various industries through a network of insurance agencies. First Light Program Managers was founded in 2007 and is based in Dania, Florida.


DEAL STATS #
Overall 3 of 4
Sector (Insurance) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (Alabama) 1 of 1
Country (United States) 3 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-05 Piedmont

Winston-Salem, North Carolina, United States

Piedmont is a managing general agency that has specialized in the trucking insurance industry, offering commercial auto liability, auto physical damage, and motor truck cargo coverage on a wholesale basis in the Mid-Atlantic region of the United States. Piedmont was founded in 1991 and is based in Winston-Salem, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 NTIS

Las Vegas, Nevada, United States

NTIS is a wholesaler and managing general agency (MGA) that specialized in the trucking industry providing auto liability, auto physical damage, motor truck cargo, and general liability coverage on a wholesale basis throughout the Western United States. NTIS was founded in 2014 and is based in Las Vegas, Nevada.

Buy -