M&A Deal Summary

K2 Insurance Acquires High Point Underwriters

On March 31, 2016, K2 Insurance acquired insurance company High Point Underwriters

Acquisition Highlights
  • This is K2 Insurance’s 2nd transaction in the Insurance sector.
  • This is K2 Insurance’s 2nd transaction in the United States.
  • This is K2 Insurance’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2016-03-31
Target High Point Underwriters
Sector Insurance
Buyer(s) K2 Insurance
Deal Type Add-on Acquisition

Target

High Point Underwriters

Morris Plains, New Jersey, United States
High Point Underwriters is a provider of occupational accident and workers' compensation products for independent contractors.

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Buyer(S) 1

Buyer

K2 Insurance

San Diego, California, United States

Category Company
Founded 2011
Sector Insurance
DESCRIPTION

K2 Insurance is an insurance services holding company, which owns a diverse group of MGAs that underwrite and distribute specialty property and casualty insurance products. K2 Insurance was founded in 2011 and is based in San Diego, California.


DEAL STATS #
Overall 2 of 7
Sector (Insurance) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (New Jersey) 1 of 1
Country (United States) 2 of 7
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-22 Aegis Security

Harrisburg,, Pennsylvania, United States

Aegis Security, Inc. provides property & casualty insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-02 Partners General Insurance Agency

Simi Valley, California, United States

Partners General Insurance Agency LLC is a provider of insurance services. Partners General Insurance Agency was founded in 2001 and is based in Simi Valley, California.

Buy -