M&A Deal Summary

Leavitt Insurance Services Acquires Grant-Hatch & Associates

On January 11, 2007, Leavitt Insurance Services acquired insurance company Grant-Hatch & Associates from Zions

Acquisition Highlights
  • This is Leavitt Insurance Services’ 1st transaction in the Insurance sector.
  • This is Leavitt Insurance Services’ 1st transaction in the United States.
  • This is Leavitt Insurance Services’ 1st transaction in Utah.

M&A Deal Summary
Date 2007-01-11
Target Grant-Hatch & Associates
Sector Insurance
Buyer(s) Leavitt Insurance Services
Sellers(s) Zions
Deal Type Divestiture

Target

Grant-Hatch & Associates

Salt Lake City, Utah, United States
Grant-Hatch & Associates provides a full service insurance brokerage firm that focuses on industrial, commercial, and surety bonds.

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Buyer(S) 1

Buyer

Leavitt Insurance Services

Cedar City, Utah, United States
Category Company
Founded 1962
Sector Insurance
DESCRIPTION

Leavitt Insurance Services offers commercial property/casualty insurance as well as employee benefits consulting to clients in the Southwest US. Leavitt Insurance Services is based in Cedar City, Utah.

DEAL STATS #
Overall 1 of 6
Sector (Insurance) 1 of 5
Type (Divestiture) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 6
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-14 Golf Insurance Services

Rancho Cordova, California, United States

Golf Insurance Services is a provider of insurance solutions for public and private golf courses, country clubs, planned golf communities, and homeowners associations. Golf Insurance Services is based in Rancho Cordova, California.

Buy -

Seller(S) 1

SELLER

Zions

Salt Lake City, Utah, United States
Category Company
Founded 1873
Sector Financial Services
Employees9,696
Revenue 3.1B USD (2023)
DESCRIPTION

Zions is a financial services company, consisting of a collection of banks in select high growth markets. Under local management teams and community identities, Zions operates over 480 full-service banking offices in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. Zions was founded in 1873 and is based in Salt Lake City, Utah.

DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 2
Country (United States) 1 of 2
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-06 Amegy Bancorp.

Houston, Texas, United States

Amegy Bancorporation, Inc., the parent company of Amegy Bank N.A., is an independent bank holding company. The Bank focuses on commercial lending, treasury management, and investment services for businesses, private financial management, and trust services for families and individuals, and retail and mortgage banking services. Amegy was formed in 1996 and is based in Houston, Texas.

Buy $1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-05 Silver State Bank

Henderson, Nevada, United States

Silver State Bank provides commercial banking services. It offers personal banking services, which include regular and award checking, interest plus checking, personal and premier money market.

Buy -
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