Divestiture • Insurance

Insurance Services United Acquires Runkle’s Insurance Agency

On September 15, 2016, Insurance Services United acquired insurance company Runkle’s Insurance Agency from Runkle’s Notary & Insurance

Acquisition Context
  • This is Insurance Services United’s 1st transaction in the Insurance sector.
  • This is Insurance Services United’s 1st transaction in the United States.
  • This is Insurance Services United’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date September 15, 2016
Target Runkle’s Insurance Agency
Sector Insurance
Buyer(s) Insurance Services United
Sellers(s) Runkle’s Notary & Insurance
Deal Type Divestiture

Target Company

Runkle’s Insurance Agency

York, Pennsylvania, United States
Runkle’s Insurance Agency, Inc. is a provider of insurance services.
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Buyer Overview 1

Buyer

Insurance Services United

York, Pennsylvania, United States

Category Company
Founded 1951
Sector Insurance
DESCRIPTION

Insurance Services United is a full service insurance agency, that serves insurance needs of over 3000 individuals, families and businesses.


Deal Context for Buyer #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1

Seller Profile 1

SELLER

Runkle’s Notary & Insurance

York, Pennsylvania, United States

Category Company
Founded 1995
Sector Insurance
DESCRIPTION

Runkle’s Notary & Insurance is a full service insurance agency that offers health, auto, business and life insurance products. Runkle’s Notary & Insurance was established in 1995 and is headquartered in York, Pennsylvania.


Deal Context for Seller #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1