M&A Deal Summary

Relation Acquires Adams Insurance Agency

On March 16, 2021, Relation acquired insurance company Adams Insurance Agency

Acquisition Highlights
  • This is Relation’s 21st transaction in the Insurance sector.
  • This is Relation’s 23rd transaction in the United States.
  • This is Relation’s 1st transaction in Maryland.

M&A Deal Summary
Date 2021-03-16
Target Adams Insurance Agency
Sector Insurance
Buyer(s) Relation
Deal Type Add-on Acquisition

Target

Adams Insurance Agency

Frederick, Maryland, United States
Adams Insurance Agency, Inc. provides commercial and personal lines insurance solutions to clients throughout Maryland and surrounding states. Adams Insurance Agency is based in Frederick, Maryland.

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Buyer(S) 1

Buyer

Relation

Walnut Creek, California, United States
Category Company
Founded 2007
Sector Insurance
Employees500
DESCRIPTION

Relation is a premier insurance broker that offers superior risk-management and benefits-consulting services through its family of brands across the U.S. It is ranked by Insurance Journal within the top 45 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation was founded in 2007 and is based in Walnut Creek, California.

DEAL STATS #
Overall 23 of 71
Sector (Insurance) 21 of 69
Type (Add-on Acquisition) 21 of 63
State (Maryland) 1 of 4
Country (United States) 23 of 71
Year (2021) 3 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 McGhee Insurance NWA

Rogers, Arkansas, United States

McGhee Insurance NWA is an insurance company that provides financial protection against disasters to Homeowners, Auto insurance that protects against financial loss in the event of an accident, Motorcycle Insurance, and Business & Commercial Insurance. McGhee Insurance NWA was founded in 1999 and is based in Rogers, Arkansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 Parks Insurance Group

Charlotte, North Carolina, United States

Parks Insurance Group provides commercial and personal lines insurance solutions to clients from multiple offices throughout the state. Parks Insurance Group was founded in 1989 and is based in Charlotte, North Carolina.

Buy -
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