M&A Deal Summary

King Insurance Acquires Mehta Insurance

On February 21, 2024, King Insurance acquired insurance company Mehta Insurance

Acquisition Highlights
  • This is King Insurance’s 16th transaction in the Insurance sector.
  • This is King Insurance’s 16th transaction in the United States.
  • This is King Insurance’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2024-02-21
Target Mehta Insurance
Sector Insurance
Buyer(s) King Insurance
Deal Type Add-on Acquisition

Target

Mehta Insurance

Absecon, New Jersey, United States
Mehta Insurance is an insurance brokerage firm specializing in a wide array of insurance products, including business, flood, life insurance, and more. Mehta Insurance is based in Absecon, New Jersey.

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Buyer(S) 1

Buyer

King Insurance

Gainesville, Florida, United States
Category Company
Founded 1974
Sector Insurance
DESCRIPTION

King Insurance is a full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions. King Insurance was founded in 1974 and is based in Gainesville, Florida.

DEAL STATS #
Overall 16 of 23
Sector (Insurance) 16 of 23
Type (Add-on Acquisition) 15 of 22
State (New Jersey) 1 of 1
Country (United States) 16 of 23
Year (2024) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 Partners Insurance

United States

Partners Insurance provides a full range of insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-09 Prestige Insurance

Vero Beach, Florida, United States

Prestige Insurance provides personal, commercial, and specialized insurance coverage services. Prestige Insurance was founded in 1996 and is based in Vero Beach, Florida.

Buy -
Mergr

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