M&A Deal Summary

Inszone Insurance Services Acquires Summit Insurance Group

On August 31, 2021, Inszone Insurance Services acquired insurance company Summit Insurance Group

Acquisition Highlights
  • This is Inszone Insurance Services’ 22nd transaction in the Insurance sector.
  • This is Inszone Insurance Services’ 22nd transaction in the United States.
  • This is Inszone Insurance Services’ 1st transaction in Missouri.

M&A Deal Summary
Date 2021-08-31
Target Summit Insurance Group
Sector Insurance
Buyer(s) Inszone Insurance Services
Deal Type Add-on Acquisition

Target

Summit Insurance Group

Lee's Summit, Missouri, United States
Summit Insurance Group is an insurance agency that provides quality insurance products for individuals and businesses. Summit Insurance Group is based in Summit, Missouri.

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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 22 of 137
Sector (Insurance) 22 of 137
Type (Add-on Acquisition) 21 of 134
State (Missouri) 1 of 3
Country (United States) 22 of 137
Year (2021) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 IB&C Insurance Services

Grass Valley, California, United States

IB&C Insurance Services is a provider of personal and commercial lines insurance. IB&C Insurance Services is based in Grass Valley, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Yuma Foothills Insurance

Yuma, Arizona, United States

Yuma Foothills Insurance provides insurance services to both businesses and residents of Yuma, AZ, and surrounding areas.

Buy -
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