M&A Deal Summary

NFP Acquires Beacon Insurance Group

On September 6, 2017, NFP acquired insurance company Beacon Insurance Group

Acquisition Highlights
  • This is NFP’s 48th transaction in the Insurance sector.
  • This is NFP’s 53rd transaction in the United States.
  • This is NFP’s 1st transaction in Alabama.

M&A Deal Summary
Date 2017-09-06
Target Beacon Insurance Group
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

Beacon Insurance Group

Birmingham, Alabama, United States
Beacon Insurance Group, Inc. is a P&C broker providing services to clients throughout South Carolina and eastern Georgia, with a specialty in coastal property insurance. Beacon Insurance Group, Inc. was founded in 1977 and is based in Birmingham, Alabama.

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Buyer(S) 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 STATS #
Overall 55 of 151
Sector (Insurance) 48 of 121
Type (Add-on Acquisition) 55 of 149
State (Alabama) 1 of 1
Country (United States) 53 of 116
Year (2017) 16 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-05 Roux Agency )

Lewiston, Maine, United States

Roux Agency, Inc. (dba Roux Insurance Services (RIS)) is an insurance brokerage firm focused on P&C services. Roux Insurance Services is based in Lewiston, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-14 Teifeld & Company Insurance Services

San Jose, California, United States

Teifeld & Company Insurance Services, Inc. is a full service P&C insurance broker specializing in construction, property management, technology and nonprofit risks. Teifeld & Company Insurance Services, Inc. was established in 1982 and is based in San Jose, California.

Buy -
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