Add-on Acquisition • Insurance

Northwest Bank Acquires Best Insurance Agency

On March 22, 2016, Northwest Bank acquired insurance company Best Insurance Agency

Acquisition Context

This is Northwest Bank’s 1st transaction in the Insurance sector.
This is Northwest Bank’s 1st transaction in the United States.
This is Northwest Bank’s 1st transaction in New Jersey.

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M&A Deal Summary
Date	March 22, 2016
Target	Best Insurance Agency
Sector	Insurance
Buyer(s)	Northwest Bank
Deal Type	Add-on Acquisition

Target Company

Best Insurance Agency

Wyckoff, New Jersey, United States

Best Insurance Agency, Inc. is an employee benefits and property casualty insurance firm.

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Buyer Overview 1

Buyer

Northwest Bank

Lake Oswego, Oregon, United States

Category	Company
Founded	2005
Sector	Financial Services

DESCRIPTION

Northwest Bank is a full-service financial institution offering a complete line of personal and business banking products including commercial and small business loans, cash management services, oil, gas and mineral management services, employee benefits, investment management, insurance and trust.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Add-on Acquisition	1 of 1
State: New Jersey	1 of 1
Country: United States	1 of 1
Year: 2016	1 of 1

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