M&A Deal Summary

Heffernan Insurance Brokers Acquires Stitz & Associates

On May 9, 2023, Heffernan Insurance Brokers acquired insurance company Stitz & Associates

Acquisition Highlights
  • This is Heffernan Insurance Brokers’ 12th transaction in the Insurance sector.
  • This is Heffernan Insurance Brokers’ 12th transaction in the United States.
  • This is Heffernan Insurance Brokers’ 1st transaction in Missouri.

M&A Deal Summary
Date 2023-05-09
Target Stitz & Associates
Sector Insurance
Buyer(s) Heffernan Insurance Brokers
Deal Type Add-on Acquisition

Target

Stitz & Associates

Kirkwood, Missouri, United States
Stitz & Associates is a single-source destination for clients providing services that include employee benefits and outsourced backroom solutions for commercial clients, and supplemental and enrollment assistance for individuals. Stitz & Associates was founded in 1989 and is based in Kirkwood, Missouri.

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Buyer(S) 1

Buyer

Heffernan Insurance Brokers

Walnut Creek, California, United States
Category Company
Founded 1988
Sector Insurance
DESCRIPTION

Heffernan Insurance Brokers provides comprehensive business insurance, personal insurance, employee benefits, and financial services. Heffernan was formed in 1988 and is based in Walnut Creek, California.

DEAL STATS #
Overall 12 of 15
Sector (Insurance) 12 of 15
Type (Add-on Acquisition) 12 of 15
State (Missouri) 1 of 1
Country (United States) 12 of 15
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Beals Insurance Agency

Ventura, California, United States

Beals Insurance Agency is a provider of a full range of insurance services. Beals Insurance Agency was founded in 2014 and is based in Ventura, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-23 Achieve Alpha Insurance

Bellevue, Washington, United States

Achieve Alpha Insurance provides a full range of insurance services. Achieve Alpha Insurance was founded in 2008 and is based in Bellevue, Washington.

Buy -
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