M&A Deal Summary

NFP Acquires Scott Litman Insurance Agency

On September 5, 2024, NFP acquired insurance company Scott Litman Insurance Agency

Acquisition Highlights
  • This is NFP’s 119th transaction in the Insurance sector.
  • This is NFP’s 114th transaction in the United States.
  • This is NFP’s 23rd transaction in California.

M&A Deal Summary
Date 2024-09-05
Target Scott Litman Insurance Agency
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

Scott Litman Insurance Agency

Woodland Hills, California, United States
Scott Litman Insurance Agency is a P&C insurance broker specializing in habitational risk for HOAs, commercial buildings, commercial earthquake, property, Director and Officer Liability, General Liability, workers comp, umbrella, home, auto, and life. Scott Litman Insurance Agency is based in Woodland Hills, California.

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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 147 of 151
Sector (Insurance) 119 of 121
Type (Add-on Acquisition) 145 of 149
State (California) 23 of 23
Country (United States) 114 of 116
Year (2024) 10 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-13 Orca Financial Group

Dublin, Ireland

Orca Financial Group is a specialist financial brokerage. Orca Financial Group was formed in 2004 and is based in Dublin, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-09 Miller Insurance Group

Bremen, Indiana, United States

Miller Insurance Group provides commercial property and casualty insurance and employee benefits to corporate clients and personal lines insurance. Miller Insurance Group was formed in 1937 and is headquartered in Bremen, Indiana.

Buy -
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