M&A Deal Summary

King Risk Partners Acquires Pearl Insurance Agency

On October 15, 2024, King Risk Partners acquired insurance company Pearl Insurance Agency

Acquisition Highlights
  • This is King Risk Partners’ 3rd transaction in the Insurance sector.
  • This is King Risk Partners’ 3rd transaction in the United States.
  • This is King Risk Partners’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2024-10-15
Target Pearl Insurance Agency
Sector Insurance
Buyer(s) King Risk Partners
Deal Type Add-on Acquisition

Target

Pearl Insurance Agency

Cranford, New Jersey, United States
Pearl Insurance Agency provides specialty insurance solutions for importers, exporters, marine cargo, wholesalers, and distributors. Pearl Insurance Agency is based in Cranford, New Jersey.

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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 3 of 4
Sector (Insurance) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (New Jersey) 1 of 1
Country (United States) 3 of 4
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-08 Insurance Solutions Group

Garner, North Carolina, United States

Insurance Solutions Group is a full-service independent agency providing custom options for its clients including personal, business, and life insurance coverages. Insurance Solutions Group is based in Garner, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-29 Suzio Insurance Center

Meriden, Connecticut, United States

Suzio Insurance Center provides personalized insurance solutions to individuals and businesses. Suzio Insurance Center was founded in 1974 and is based in Meriden, Connecticut.

Buy -