M&A Deal Summary

Inszone Insurance Services Acquires Blue Chip Insurance

On September 19, 2024, Inszone Insurance Services acquired insurance company Blue Chip Insurance

Acquisition Highlights
  • This is Inszone Insurance Services’ 123rd transaction in the Insurance sector.
  • This is Inszone Insurance Services’ 123rd transaction in the United States.
  • This is Inszone Insurance Services’ 3rd transaction in New Mexico.

M&A Deal Summary

Date 2024-09-19
Target Blue Chip Insurance
Sector Insurance
Buyer(s) Inszone Insurance Services
Deal Type Add-on Acquisition

Target

Blue Chip Insurance

Santa Fe, New Mexico, United States
Blue Chip Insurance provides a full range of insurance services. Blue Chip Insurance was formed in 1928 and is headquartered in Santa Fe, New Mexico.

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Buyer(S) 1

Buyer

Inszone Insurance Services

Rancho Cordova, California, United States

Category Company
Founded 2002
Sector Insurance
DESCRIPTION

Inszone Insurance Services is a full-service insurance brokerage firm that provides a broad array of property & casualty and employee benefits solutions. Inszone Insurance Services was founded in 2002 and is based in Rancho Cordova, California.


DEAL STATS #
Overall 123 of 136
Sector (Insurance) 123 of 136
Type (Add-on Acquisition) 120 of 133
State (New Mexico) 3 of 3
Country (United States) 123 of 136
Year (2024) 33 of 46
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-17 Telerate Insurance Services

San Mateo, California, United States

Telerate Insurance Services is an independent retail insurance agency. The Company also offers personal insurance, auto, home, and renters, condo, motorcycle, boat, and RV coverage. Telerate Insurance Services was formed in 1981 and is headquartered in San Mateo, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-24 Huntington Pacific Insurance Agency

Huntington Beach, California, United States

Huntington Pacific Insurance Agency provides a full range of insurance services. Huntington Pacific Insurance Agency was formed in 1981 and is based in Huntington Beach, California.

Buy -