Divestiture • Insurance

PointSure Insurance Services Acquires Black/White & Associates of Nevada

On July 17, 2008, PointSure Insurance Services acquired insurance company Black/White & Associates of Nevada from Black/White & Associates Insurance Brokers

Acquisition Context
  • This is PointSure Insurance Services’ 3rd transaction in the Insurance sector.
  • This is PointSure Insurance Services’ 3rd transaction in the United States.
  • This is PointSure Insurance Services’ 1st transaction in Nevada.

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M&A Deal Summary

Date July 17, 2008
Target Black/White & Associates of Nevada
Sector Insurance
Buyer(s) PointSure Insurance Services
Sellers(s) Black/White & Associates Insurance Brokers
Deal Type Divestiture

Target Company

Black/White & Associates of Nevada

Nevada, United States
Black/White & Associates of Nevada, located in Henderson, operates as a managing general agency and wholesale insurance broker, and will serve as the principal location.
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Buyer Overview 1

Buyer

PointSure Insurance Services

Seattle, Washington, United States

Category Company
Founded 1984
Sector Insurance
DESCRIPTION

PointSure Insurance Services, Inc. is a wholesale broker and third party claims administrator.


Deal Context for Buyer #
Overall 3 of 3
Sector: Insurance 3 of 3
Type: Divestiture 3 of 3
State: Nevada 1 of 1
Country: United States 3 of 3
Year: 2008 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-17 Black/White & Associates

Texas, United States

Black/White & Associates Inc. provide business owner’s policies, general and auto liability.

Buy -

Seller Profile 1

SELLER

Black/White & Associates Insurance Brokers

Henderson, Nevada, United States

Category Company
Founded 1979
Sector Insurance
DESCRIPTION

Black/White & Associates Insurance Brokers, Inc. operates as an insurance wholesaler.


Deal Context for Seller #
Overall 3 of 3
Sector: Insurance 3 of 3
Type: Divestiture 3 of 3
State: Nevada 1 of 1
Country: United States 3 of 3
Year: 2008 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-17 Black/White & Associates

Texas, United States

Black/White & Associates Inc. provide business owner’s policies, general and auto liability.

Sell -