M&A Deal Summary

Prescott Pailet Benefits Acquires Independent Insurance Group Benefits

On December 20, 2012, Prescott Pailet Benefits acquired business services company Independent Insurance Group Benefits from Independent Insurance Group

Acquisition Highlights
  • This is Prescott Pailet Benefits’ 1st transaction in the Business Services sector.
  • This is Prescott Pailet Benefits’ 1st transaction in the United States.

M&A Deal Summary

Date 2012-12-20
Target Independent Insurance Group Benefits
Sector Business Services
Buyer(s) Prescott Pailet Benefits
Sellers(s) Independent Insurance Group
Deal Type Divestiture

Target

Independent Insurance Group Benefits

United States
Independent Insurance Group Benefits, Inc. offers employee benefit products and services to midsize employers in the Dallas metropolitan area.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Prescott Pailet Benefits

Dallas,, Texas, United States

Category Company
Founded 2006
Sector Insurance
DESCRIPTION

Prescott Pailet Benefits LP offers a diversified mix of health, life, dental, and disability products to a wide range of organizations.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Independent Insurance Group

Dallas, Texas, United States

Category Company
Founded 1984
Sector Insurance
DESCRIPTION

Independent Insurance Group has become a recognized expert in solving business challenges ranging from employee benefits to personal financial management. Independent Insurance Group formulates business strategies with an emphasis on risk management, insurance, and financial services that help customers reach their long term goals.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1