M&A Deal Summary

King Insurance Acquires Piedmont

On December 23, 2021, King Insurance acquired insurance company Piedmont

Acquisition Highlights
  • This is King Insurance’s 5th transaction in the Insurance sector.
  • This is King Insurance’s 5th transaction in the United States.
  • This is King Insurance’s 1st transaction in Georgia.

M&A Deal Summary
Date 2021-12-23
Target Piedmont
Sector Insurance
Buyer(s) King Insurance
Deal Type Add-on Acquisition

Target

Piedmont

Covington, Georgia, United States
Piedmont is a full-service agency offering insurance products to commercial and personal lines customers from its lineup of top-tier insurance carrier partners. Piedmont was founded in 1948 and is based in Covington, 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 5 of 23
Sector (Insurance) 5 of 23
Type (Add-on Acquisition) 5 of 22
State (Georgia) 1 of 3
Country (United States) 5 of 23
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 AGM Insurance

Fort Lauderdale, Florida, United States

AGM Insurance is a provider of insurance services and local agent support for over a quarter of a century.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-07 Professional Insurance Services

Cape Coral, Florida, United States

Professional Insurance Services is a provider of both commercial and personal lines coverages to its customer base. Professional Insurance Services was founded in 1989 and is based in Cape Coral, Florida.

Buy -
Mergr

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