Add-on Acquisition • Insurance

NFP Acquires International Insurance Group

On June 27, 2017, NFP acquired insurance company International Insurance Group

Acquisition Context
  • This is NFP’s 44th transaction in the Insurance sector.
  • This is NFP’s 49th transaction in the United States.
  • This is NFP’s 1st transaction in Ohio.

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M&A Deal Summary

Date June 27, 2017
Target International Insurance Group
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target Company

International Insurance Group

North Royalton, Ohio, United States
International Insurance Group, Inc. (IIG) is an independent insurance agency providing quality protection for individuals, families and businesses thought the country. International Insurance Group, Inc. was established in 2006 and is headquartered in North Royalton, Ohio.
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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 51 of 159
Sector: Insurance 44 of 127
Type: Add-on Acquisition 51 of 157
State: Ohio 1 of 4
Country: United States 49 of 122
Year: 2017 12 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-12 Brennan & Associates Risk Management & Insurance Services

Emeryville, California, United States

Brennan & Associates Risk Management & Insurance Services, Inc. (B&A) is a full-service P&C insurance brokerage that provides both personal and commercial services. Brennan & Associates Risk Management & Insurance Services, Inc. was established in 1985 and is headquartered in Emeryville, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-24 Associated Insurance Centers

Onancock, Virginia, United States

Associated Insurance Centers LLC is a full-service P&C insurance agency providing commercial and personal coverage to businesses and individuals. Associated Insurance Centers LLC was founded in 2013 and is headquartered in Onancock, Virginia.

Buy -