M&A Deal Summary

High Street Insurance Partners Acquires Alta Benefits

On August 7, 2023, High Street Insurance Partners acquired insurance company Alta Benefits

Acquisition Highlights
  • This is High Street Insurance Partners’ 40th transaction in the Insurance sector.
  • This is High Street Insurance Partners’ 40th transaction in the United States.
  • This is High Street Insurance Partners’ 3rd transaction in North Carolina.

M&A Deal Summary
Date 2023-08-07
Target Alta Benefits
Sector Insurance
Buyer(s) High Street Insurance Partners
Deal Type Add-on Acquisition

Target

Alta Benefits

Durham, North Carolina, United States
Alta Benefits is an employee benefits consultancy and broker that provides HR and benefits technology and complete compliance expertise and adherence. Alta Benefits was formed in 2021 and is based in Durham, North Carolina.

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Buyer(S) 1

Buyer

High Street Insurance Partners

Traverse City, Michigan, United States
Category Company
Founded 2018
Sector Insurance
DESCRIPTION

High Street Insurance Partners is focused on the insurance agency sector, providing commercial property & casualty insurance, employee benefits services, and personal lines to a wide range of industries. High Street Insurance Partners was founded in 2018 and is based in Traverse City, Michigan.

DEAL STATS #
Overall 40 of 46
Sector (Insurance) 40 of 46
Type (Add-on Acquisition) 39 of 45
State (North Carolina) 3 of 3
Country (United States) 40 of 45
Year (2023) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-15 Yorke

Beaver Falls, Pennsylvania, United States

Yorke operates full service insurance offices in Beaver Falls, Monaca and New Castle. Yorke is based in Beaver Falls, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-07 Rise

Louisville, Kentucky, United States

Rise provides access to customized insurance coverage options for individuals, families, and businesses of all sizes across Kentucky and throughout the United States. Rise is based in Louisville, Kentucky.

Buy -
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