M&A Deal Summary

King Insurance Acquires Dave Alton Agency

On April 16, 2024, King Insurance acquired insurance company Dave Alton Agency

Acquisition Highlights
  • This is King Insurance’s 18th transaction in the Insurance sector.
  • This is King Insurance’s 18th transaction in the United States.
  • This is King Insurance’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2024-04-16
Target Dave Alton Agency
Sector Insurance
Buyer(s) King Insurance
Deal Type Add-on Acquisition

Target

Dave Alton Agency

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

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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 18 of 23
Sector (Insurance) 18 of 23
Type (Add-on Acquisition) 17 of 22
State (North Carolina) 1 of 2
Country (United States) 18 of 23
Year (2024) 4 of 9
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-14 Palmer Insurance

Bainbridge, Georgia, United States

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

Buy -