M&A Deal Summary

First Light Program Managers Acquires NTIS

On May 4, 2022, First Light Program Managers acquired insurance company NTIS

Acquisition Highlights
  • This is First Light Program Managers’ 4th transaction in the Insurance sector.
  • This is First Light Program Managers’ 4th transaction in the United States.
  • This is First Light Program Managers’ 1st transaction in Nevada.

M&A Deal Summary
Date 2022-05-04
Target NTIS
Sector Insurance
Buyer(s) First Light Program Managers
Deal Type Add-on Acquisition

Target

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.

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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 4 of 4
Sector (Insurance) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Nevada) 1 of 1
Country (United States) 4 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-13 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.

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