M&A Deal Summary

Relation Acquires Hasty

On July 7, 2021, Relation acquired insurance company Hasty

Acquisition Highlights
  • This is Relation’s 26th transaction in the Insurance sector.
  • This is Relation’s 28th transaction in the United States.
  • This is Relation’s 10th transaction in North Carolina.

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

Target

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.

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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 28 of 70
Sector (Insurance) 26 of 68
Type (Add-on Acquisition) 25 of 62
State (North Carolina) 10 of 11
Country (United States) 28 of 70
Year (2021) 8 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 SouthEast Agency

Jewett City, Connecticut, United States

SouthEast Agency provides all-lines P&C insurance solutions to clients throughout the Northeast. The Company specializes in contractors, commercial transportation, hospitality, and real estate. SouthEast Agency is based in Jewett City, Connecticut.

Buy -
Mergr

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