M&A Deal Summary

Relation Acquires Gary Blaustein Associates

On July 1, 2021, Relation acquired insurance company Gary Blaustein Associates

Acquisition Highlights
  • This is Relation’s 25th transaction in the Insurance sector.
  • This is Relation’s 27th transaction in the United States.
  • This is Relation’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2021-07-01
Target Gary Blaustein Associates
Sector Insurance
Buyer(s) Relation
Deal Type Add-on Acquisition

Target

Gary Blaustein Associates

Stamford, Connecticut, United States
Gary Blaustein Associates is a boutique commercial insurance agency specializing in the hospitality, construction and habitational industries. Gary Blaustein Associates was founded in 1993 and is based in Stamford, Connecticut.

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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 27 of 71
Sector (Insurance) 25 of 69
Type (Add-on Acquisition) 24 of 63
State (Connecticut) 1 of 5
Country (United States) 27 of 71
Year (2021) 7 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 Walker & Associates Services

Winterville, North Carolina, United States

Walker & Associates Services provides personal lines and commercial lines insurance solutions, based in Winterville, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Hasty

Whiteville, North Carolina, United States

Hasty provides personal lines and commercial lines insurance solutions to clients throughout North Carolina and has multiple locations throughout the state. Hasty is based in Whiteville, North Carolina.

Buy -
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