M&A Deal Summary

Relation Acquires Baughan Insurance Agency

On December 8, 2020, Relation acquired insurance company Baughan Insurance Agency

Acquisition Highlights
  • This is Relation’s 18th transaction in the Insurance sector.
  • This is Relation’s 20th transaction in the United States.
  • This is Relation’s 7th transaction in North Carolina.

M&A Deal Summary

Date 2020-12-08
Target Baughan Insurance Agency
Sector Insurance
Buyer(s) Relation
Deal Type Add-on Acquisition

Target

Baughan Insurance Agency

Greensboro, North Carolina, United States
Baughan Insurance Agency provides commercial and personal lines insurance solutions, including home, auto, and small commercial. Baughan Insurance Agency is based in Greensboro, North Carolina.

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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 20 of 70
Sector (Insurance) 18 of 68
Type (Add-on Acquisition) 18 of 62
State (North Carolina) 7 of 11
Country (United States) 20 of 70
Year (2020) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 SK Carney Insurance

North Carolina, United States

SK Carney Insurance, Inc. provides commercial and personal lines insurance solutions from multiple locations throughout the state.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 Laufer Insurance Solutions

Richmond, Virginia, United States

Laufer Insurance Solutions, Inc. provides commercial and personal lines insurance solutions to clients from multiple offices throughout the state. Laufer Insurance Solutions is based in Richmond, Virginia.

Buy -