M&A Deal Summary

First Southeast Insurance Services Acquires The Somers-Pardue Agency

On April 10, 2008, First Southeast Insurance Services acquired insurance company The Somers-Pardue Agency

Acquisition Highlights
  • This is First Southeast Insurance Services’ 1st transaction in the Insurance sector.
  • This is First Southeast Insurance Services’ 1st transaction in the United States.
  • This is First Southeast Insurance Services’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2008-04-10
Target The Somers-Pardue Agency
Sector Insurance
Buyer(s) First Southeast Insurance Services
Deal Type Add-on Acquisition

Target

The Somers-Pardue Agency

Burlington, North Carolina, United States
The Somers-Pardue Agency, Inc. is a provider of insurance programs to individuals, families, and businesses.

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Buyer(S) 1

Buyer

First Southeast Insurance Services

Charleston,, South Carolina, United States
Category Company
Founded 1976
Sector Insurance
DESCRIPTION

First Southeast Insurance Services, an insurance brokerage firm headquartered in Charleston, South Carolina with four operating units in North and South Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
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