M&A Deal Summary

OLI Insurance Services Acquires Truck Writer Insurance Services

On May 19, 2020, OLI Insurance Services acquired insurance company Truck Writer Insurance Services

Acquisition Highlights
  • This is OLI Insurance Services’ 1st transaction in the Insurance sector.
  • This is OLI Insurance Services’ 1st transaction in the United States.
  • This is OLI Insurance Services’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2020-05-19
Target Truck Writer Insurance Services
Sector Insurance
Buyer(s) OLI Insurance Services
Deal Type Add-on Acquisition

Target

Truck Writer Insurance Services

Blaine, Minnesota, United States
Truck Writer Insurance Services, Inc. is an independent insurance agency offering a comprehensive suite of insurance solutions to protect you from the unexpected. Truck Writer Insurance Services is based in Blaine, Minnesota.

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Buyer(S) 1

Buyer

OLI Insurance Services

Walnut Creek, California, United States

Category Company
Founded 2017
Sector Business Services
DESCRIPTION

OLI Insurance Services, Inc. is a provider of office support, and technology solutions for small insurance agencies, OLI Insurance Services was founded in 2017 and is based in Walnut Creek, California.


DEAL STATS #
Overall 1 of 6
Sector (Insurance) 1 of 6
Type (Add-on Acquisition) 1 of 6
State (Minnesota) 1 of 1
Country (United States) 1 of 6
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 QuieTrack

Santa Rosa, California, United States

QuieTrack provides insurance tracking services, collateral protection insurance, mortgage hazard and flood insurance to financial institutions of all sizes. QuieTrack also provides insurance tracking system development and support to their software clients. QuieTrack was founded in 1971 and is based in Santa Rosa, California.

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