M&A Deal Summary

NSM Acquires Specialty Aviation Underwriters

On October 2, 2014, NSM acquired insurance company Specialty Aviation Underwriters

Acquisition Highlights
  • This is NSM’s 7th transaction in the Insurance sector.
  • This is NSM’s 7th transaction in the United States.
  • This is NSM’s 1st transaction in Alabama.

M&A Deal Summary

Date 2014-10-02
Target Specialty Aviation Underwriters
Sector Insurance
Buyer(s) NSM
Deal Type Add-on Acquisition

Target

Specialty Aviation Underwriters

Birmingham, Alabama, United States
Specialty Aviation Underwriters LLC is one of the premier providers of specialty aviation products.

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Buyer(S) 1

Buyer

NSM

Conshohocken, Pennsylvania, United States

Category Company
Founded 1990
Sector Insurance
DESCRIPTION

NSM is a full-service MGA and program administrator for specialty property & casualty insurance. The company places insurance in niche sectors such as special transportation, social services, real estate, and pet. On behalf of its insurance carrier partners, NSM typically manages all aspects of the placement process, including product development, marketing, underwriting, policy issuance, and claims. NSM was established in 1990 and is headquartered in Conshohocken, Pennsylvania.


DEAL STATS #
Overall 7 of 22
Sector (Insurance) 7 of 22
Type (Add-on Acquisition) 7 of 20
State (Alabama) 1 of 1
Country (United States) 7 of 16
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-03 Professional Underwriters Agency

Oak Brook,, Illinois, United States

Professional Underwriters Agency, a managing general agent specializing in professional liability market for architects and engineers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 Heacock Classic

United States

Heacock Classic is a provider of collector car insurance services.

Buy -