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  6. People s United Insurance Agency Acquires Eagle Insurance Group

M&A Deal Summary

People s United Insurance Agency Acquires Eagle Insurance Group

On April 21, 2016, People s United Insurance Agency acquired insurance company Eagle Insurance Group

Acquisition Highlights
  • This is People s United Insurance Agency’s 2nd transaction in the Insurance sector.
  • This is People s United Insurance Agency’s 2nd transaction in the United States.
  • This is People s United Insurance Agency’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-04-21
Target Eagle Insurance Group
Sector Insurance
Buyer(s) People s United Insurance Agency
Deal Type Add-on Acquisition

Target

Eagle Insurance Group

Raynham, Massachusetts, United States
Eagle Insurance Group LLC is a provider of property-liability insurance, risk management, and consultation services to a diverse clientele including petroleum marketers, contractors, manufacturers, property managers, and trucking companies.

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Buyer(S) 1

Buyer

People s United Insurance Agency

Hartford, Connecticut, United States
Category Company
Founded 1893
Sector Insurance
DESCRIPTION

People's United Insurance Agency, Inc. is a provider of insurance products and services. PUIA was established in 1893 and is based in Hartford, Connecticut.

DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-15 Kesten-Brown Insurance

Bridgeport, Connecticut, United States

Kesten-Brown Insurance LLC is a provider of risk management and insurance related products.

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