M&A Deal Summary

NFP Acquires The Thomas Insurance Agency of Benton

On April 10, 2017, NFP acquired insurance company The Thomas Insurance Agency of Benton

Acquisition Highlights
  • This is NFP’s 37th transaction in the Insurance sector.
  • This is NFP’s 42nd transaction in the United States.
  • This is NFP’s 5th transaction in Arizona.

M&A Deal Summary

Date 2017-04-10
Target The Thomas Insurance Agency of Benton
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

The Thomas Insurance Agency of Benton

Benton, Arizona, United States
The Thomas Insurance Agency of Benton, Inc. is a P&C insurance broker that provides commercial and personal insurance. The Thomas Insurance Agency of Benton is based in Benton, Arizona.

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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 44 of 152
Sector (Insurance) 37 of 121
Type (Add-on Acquisition) 44 of 150
State (Arizona) 5 of 8
Country (United States) 42 of 117
Year (2017) 5 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 McLaughlin & Smoak

Mt. Pleasant, South Carolina, United States

McLaughlin & Smoak LLC is a full-service employee benefits broker also providing ancillary and individual benefits offerings and expertise in wellness and HR consulting.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-18 Associated Agency Group

Kennewick, Washington, United States

Associated Agency Group LLC is a full-service P&C insurance broker headquartered in Kennewick, Washington, with six additional locations across the state. The firm offers expertise in personal and commercial P&C insurance.

Buy -