M&A Deal Summary

Insurance Office of America Acquires Thomas J. Hornung & Associates

On June 30, 2016, Insurance Office of America acquired insurance company Thomas J. Hornung & Associates

Acquisition Highlights
  • This is Insurance Office of America’s 3rd transaction in the Insurance sector.
  • This is Insurance Office of America’s 3rd transaction in the United States.
  • This is Insurance Office of America’s 1st transaction in Delaware.

M&A Deal Summary
Date 2016-06-30
Target Thomas J. Hornung & Associates
Sector Insurance
Buyer(s) Insurance Office of America
Deal Type Add-on Acquisition

Target

Thomas J. Hornung & Associates

Wilmington, Delaware, United States
Thomas J. Hornung & Associates is a provider of quality insurance solutions to individuals, specializing in Business, Home and Auto insurance coverage.

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Buyer(S) 1

Buyer

Insurance Office of America

Longwood, Florida, United States
Category Company
Founded 1988
Sector Insurance
DESCRIPTION

Insurance Office of America, Inc. is a full-service insurance agency. IOA provides property, casualty, personal insurance, group benefits and payroll services.

DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Delaware) 1 of 1
Country (United States) 3 of 3
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 Eagle American Insurance Agency

Longwood, Florida, United States

Eagle American Insurance Agency LLC is specializes in personal lines and select business insurance solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-15 IOA Northeast NY

Florham Park, New Jersey, United States

IOA Northeast NY, Inc. is a provider of property & casualty insurance to businesses throughout the nation.

Sell -
Mergr

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