M&A Deal Summary

Keystone Agency Partners Acquires Keystone

On June 19, 2024, Keystone Agency Partners acquired insurance company Keystone

Acquisition Highlights
  • This is Keystone Agency Partners’ 2nd transaction in the Insurance sector.
  • This is Keystone Agency Partners’ 3rd transaction in the United States.
  • This is Keystone Agency Partners’ 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2024-06-19
Target Keystone
Sector Insurance
Buyer(s) Keystone Agency Partners
Deal Type Add-on Acquisition

Target

Keystone

Northumberland, Pennsylvania, United States
Keystone is an independent insurance agency teamed up to pool its experience and expertise. This small group believed that agencies could be stronger and more successful if they linked arms with a passion and spirit that continues. Growing to almost 300 independent agency partners in 18 states, Keystone provides its agents with a community of like-minded agencies, industry expertise, and access to specialized products for their clients. Keystone was formed in 1983 and is based in Northumberland, Pennsylvania.

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Buyer(S) 1

Buyer

Keystone Agency Partners

Harrisburg, Pennsylvania, United States

Category Company
Founded 2020
Sector Insurance
DESCRIPTION

Keystone Agency Partners helps independent insurance agencies grow and thrive through strategic acquisition and partnership. With KAI, owners continue to operate their agency, preserving their local presence and respect. Keystone Agency Partners was founded in 2020 and is based in Harrisburg, Pennsylvania.


DEAL STATS #
Overall 3 of 3
Sector (Insurance) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Pennsylvania) 2 of 2
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-12 LifeQuotes

Westmont, Illinois, United States

LifeQuotes enables self-directed life insurance shoppers to access quotes from 50+ life insurers and purchase policies online from the company of their choice in a paperless manner. LifeQuotes was formed in 1984 and is based in Westmont, Illinois.

Buy -