M&A Deal Summary

King Risk Partners Acquires Kerr Agency

On February 18, 2025, King Risk Partners acquired insurance company Kerr Agency

Acquisition Highlights
  • This is King Risk Partners’ 10th transaction in the Insurance sector.
  • This is King Risk Partners’ 10th transaction in the United States.
  • This is King Risk Partners’ 2nd transaction in Connecticut.

M&A Deal Summary

Date 2025-02-18
Target Kerr Agency
Sector Insurance
Buyer(s) King Risk Partners
Deal Type Add-on Acquisition

Target

Kerr Agency

Simsbury, Connecticut, United States
Kerr Agency provides insurance services to clients in Simsbury and across Connecticut. Kerr Agency was founded in 1927 and is based in Simsbury, Connecticut.

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Buyer(S) 1

Buyer

King Risk Partners

Gainesville, Florida, United States

Category Company
Founded 1974
Sector Insurance
DESCRIPTION

King Risk Partners is a provider in the insurance industry, offering a wide range of insurance products and services designed to meet the diverse needs of its clientele. King Risk Partners was formed in 1974 and is headquartered in Gainesville, Florida.


DEAL STATS #
Overall 10 of 13
Sector (Insurance) 10 of 13
Type (Add-on Acquisition) 10 of 13
State (Connecticut) 2 of 2
Country (United States) 10 of 13
Year (2025) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-04 Barker Beck Collins & Kronauge Agency

Dayton, Ohio, United States

Barker, Beck, Collins & Kronauge Agency is an independent insurance firm. Barker, Beck, Collins & Kronauge Agency was formed in 1923 and is headquartered in Dayton, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-04 Insurance Center

Warwick, Rhode Island, United States

Insurance Center offers various insurance services, including auto, home, business, and health insurance. Insurance Center was founded in 1973 and is based in Warwick, Rhode Island.

Buy -