M&A Deal Summary

Insgroup Acquires Harris F Underwood III

On February 4, 2020, Insgroup acquired insurance company Harris F Underwood III

Acquisition Highlights
  • This is Insgroup’s 3rd transaction in the Insurance sector.
  • This is Insgroup’s 3rd transaction in the United States.
  • This is Insgroup’s 3rd transaction in Texas.

M&A Deal Summary

Date 2020-02-04
Target Harris F Underwood III
Sector Insurance
Buyer(s) Insgroup
Deal Type Add-on Acquisition

Target

Harris F Underwood III

Dallas, Texas, United States
Harris F Underwood III, Inc. is an Independent Insurance Agency, representing many of the nation's top carriers. Harris F Underwood III, Inc. offers many lines of coverage for both Commercial and Personal Risks.

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Buyer(S) 1

Buyer

Insgroup

Houston, Texas, United States

Category Company
Sector Insurance
DESCRIPTION

Insgroup, Inc. is a provider of commercial insurance brokerage, risk management consulting, and employee benefits services to local, regional, and national organizations across the entire business spectrum. Insgroup also serves the personal insurance needs of affluent individuals and families.


DEAL STATS #
Overall 3 of 3
Sector: Insurance M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 Fred Brown & Companies

Houston, Texas, United States

Fred Brown & Companies specializes in providing medium to large size employers with comprehensive insurance services. The industry professionals at Fred Brown Insurance possess the expertise to help navigate even the most complex challenges facing companies today. Our company has built an unparalleled reputation for providing comprehensive coverage, at affordable rates, all while delivering a superior level of service that can only be expected from a regional firm. We have assembled the finest staff of insurance professionals whose experience is matched by their integrity. We further arm them with continuous education, training, and cutting-edge technical resources. These highly- specialized consultants have helped us build our reputation for excellence and fuel our growth. To compete in today’s global economy, company costs are under constant scrutiny. As a result, many companies struggle to balance their loss control efforts with their bottom line. Helping you meet these divergent objectives is our specialty.

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