M&A Deal Summary

Inszone Insurance Services Acquires Telerate Insurance Services

On September 17, 2024, Inszone Insurance Services acquired insurance company Telerate Insurance Services

Acquisition Highlights
  • This is Inszone Insurance Services’ 122nd transaction in the Insurance sector.
  • This is Inszone Insurance Services’ 122nd transaction in the United States.
  • This is Inszone Insurance Services’ 58th transaction in California.

M&A Deal Summary
Date 2024-09-17
Target Telerate Insurance Services
Sector Insurance
Buyer(s) Inszone Insurance Services
Deal Type Add-on Acquisition

Target

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.

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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 122 of 137
Sector (Insurance) 122 of 137
Type (Add-on Acquisition) 119 of 134
State (California) 58 of 65
Country (United States) 122 of 137
Year (2024) 32 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 ASK Insurance

Pueblo, Colorado, United States

ASK Insurance provides a full range of insurance services. ASK Insurance was formed in 2010 and is based in Pueblo, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-19 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.

Buy -
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