Add-on Acquisition • Insurance

R-T Specialty Acquires WESTROPE

On December 2, 2013, R-T Specialty acquired insurance company WESTROPE

Acquisition Context
  • This is R-T Specialty’s 9th transaction in the Insurance sector.
  • This is R-T Specialty’s 9th transaction in the United States.
  • This is R-T Specialty’s 1st transaction in Missouri.

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M&A Deal Summary

Date December 2, 2013
Target WESTROPE
Sector Insurance
Buyer(s) R-T Specialty
Deal Type Add-on Acquisition

Target Company

WESTROPE

Kansas City, Missouri, United States
Westrope & Associates operates as a commercial wholesale insurance brokerage company.
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Buyer Overview 1

Buyer

R-T Specialty

Chicago, Illinois, United States

Category Company
Founded 2010
Sector Insurance
DESCRIPTION

R-T Specialty, LLC (RT) provides a broad array of wholesale brokerage services to agents and brokers worldwide.


Deal Context for Buyer #
Overall 9 of 11
Sector: Insurance 9 of 11
Type: Add-on Acquisition 8 of 10
State: Missouri 1 of 1
Country: United States 9 of 11
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-16 S.H. Smith & Co.

Hartford, Connecticut, United States

S.H. Smith & Company is a privately-owned specialty brokerages in the country . Company is licensed in 50 states and works through a network of over 2,000 independent retail agents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-13 Blais Excess & Surplus Agency of Texas

Dallas, Texas, United States

Blais Excess & Surplus Agency of Texas, Ltd. is an independent, specialty wholesale broker dedicated to providing financial service products to a variety of businesses. Blais works exclusively with agents and brokers, representing all domestic executive line markets, including access to the Bermuda and London markets.

Buy -