M&A Deal Summary

NFP Acquires Southern Insurance Agency

On July 23, 2024, NFP acquired insurance company Southern Insurance Agency

Acquisition Highlights
  • This is NFP’s 117th transaction in the Insurance sector.
  • This is NFP’s 112th transaction in the United States.
  • This is NFP’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2024-07-23
Target Southern Insurance Agency
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

Southern Insurance Agency

New Orleans, Louisiana, United States
Southern Insurance Agency is a commercial property and casualty (P&C) broker, based in New Orleans, Louisiana.

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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 143 of 151
Sector (Insurance) 117 of 121
Type (Add-on Acquisition) 141 of 149
State (Louisiana) 1 of 1
Country (United States) 112 of 116
Year (2024) 6 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 The Morley Group

Southampton, New York, United States

The Morley Group is a personal and commercial lines property and casualty (P&C) broker. The Morley Group was formed in 1957 and is based in Southampton, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-24 Barrett Private Insurances

Dublin, Ireland

Barrett Private Insurances provides Insurance brokerage service to the Bloodstock Industry. Barrett Private Insurances was founded in 1987 and is based in Dublin, Ireland.

Buy -
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