Add-on Acquisition • Insurance

NFP Acquires Absolute Advantage Insurance Services

On December 4, 2015, NFP acquired insurance company Absolute Advantage Insurance Services

Acquisition Context
  • This is NFP’s 23rd transaction in the Insurance sector.
  • This is NFP’s 28th transaction in the United States.
  • This is NFP’s 4th transaction in Arizona.

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M&A Deal Summary

Date December 4, 2015
Target Absolute Advantage Insurance Services
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target Company

Absolute Advantage Insurance Services

Lake Havasu City, Arizona, United States
Absolute Advantage Insurance Services LLC is a full-service P&C agency that specializes in commercial and personal line services and employee benefits.
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Buyer Overview 1

Buyer

NFP

Austin, Texas, United States

Category Company
Sector Insurance
Revenue 1.1B USD (2013)
DESCRIPTION

NFP is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies. NFP is based in Austin, Texas.


Deal Context for Buyer #
Overall 28 of 159
Sector: Insurance 23 of 127
Type: Add-on Acquisition 28 of 157
State: Arizona 4 of 8
Country: United States 28 of 122
Year: 2015 14 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Insurance Management Associates

Voorhees, New Jersey, United States

Insurance Management Associates is a commercial P&C insurance broker offering specialty expertise in the real estate, construction, retail, manufacturer and wholesaler industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-11 Vanorsdale Insurance Services

San Diego, California, United States

Vanorsdale Insurance Services, Inc. is a P&C insurance agency that specializes in providing commercial and personal P&C coverage and employee benefits to the San Diego and Los Angeles communities.

Buy -