M&A Deal Summary

High Street Insurance Partners Acquires Rise

On May 7, 2024, High Street Insurance Partners acquired insurance company Rise

Acquisition Highlights
  • This is High Street Insurance Partners’ 41st transaction in the Insurance sector.
  • This is High Street Insurance Partners’ 41st transaction in the United States.
  • This is High Street Insurance Partners’ 1st transaction in Kentucky.

M&A Deal Summary

Date 2024-05-07
Target Rise
Sector Insurance
Buyer(s) High Street Insurance Partners
Deal Type Add-on Acquisition

Target

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.

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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 41 of 46
Sector (Insurance) 41 of 46
Type (Add-on Acquisition) 40 of 45
State (Kentucky) 1 of 1
Country (United States) 41 of 45
Year (2024) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-07 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 Flagler Insurance

Palm Beach, Florida, United States

Flagler Insurance provides comprehensive, reliable insurance policies spanning auto, home, and life to health and commercial clients. Flagler Insurance was formed in 1992 and is headquartered in Palm Beach, Florida.

Buy -