M&A Deal Summary

King Insurance Acquires Palmer Insurance

On May 14, 2024, King Insurance acquired insurance company Palmer Insurance

Acquisition Highlights
  • This is King Insurance’s 19th transaction in the Insurance sector.
  • This is King Insurance’s 19th transaction in the United States.
  • This is King Insurance’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2024-05-14
Target Palmer Insurance
Sector Insurance
Buyer(s) King Insurance
Deal Type Add-on Acquisition

Target

Palmer Insurance

Bainbridge, Georgia, United States
Palmer Insurance is an independent insurance agency, based in Bainbridge, Georgia.

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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 19 of 23
Sector (Insurance) 19 of 23
Type (Add-on Acquisition) 18 of 22
State (Georgia) 2 of 3
Country (United States) 19 of 23
Year (2024) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-16 Dave Alton Agency

Greenville, North Carolina, United States

Dave Alton Agency provides a full range of insurance services, based in Greenville, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-24 Barnette and Coates

Hendersonville, North Carolina, United States

Barnette and Coates provides quality insurance products for individuals and businesses and is based in Hendersonville, North Carolina.

Buy -
Mergr

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