M&A Deal Summary

Relation Acquires Belvedere Pacific Insurance Services

On April 15, 2015, Relation acquired insurance company Belvedere Pacific Insurance Services

Acquisition Highlights
  • This is Relation’s 6th transaction in the Insurance sector.
  • This is Relation’s 6th transaction in the United States.
  • This is Relation’s 4th transaction in California.

M&A Deal Summary
Date 2015-04-15
Target Belvedere Pacific Insurance Services
Sector Insurance
Buyer(s) Relation
Deal Type Add-on Acquisition

Target

Belvedere Pacific Insurance Services

Corte Madera, California, United States
Belvedere Pacific Insurance Services is a full-service employee benefits and insurance brokerage firm leveraging experience, latest technologies, wellness solutions, outsourcing, and group insurance to help its clients meet their employee benefit objectives.

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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 6 of 71
Sector (Insurance) 6 of 69
Type (Add-on Acquisition) 5 of 63
State (California) 4 of 14
Country (United States) 6 of 71
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-18 Transure Services

Whitsett, North Carolina, United States

Transure Services, Inc. is a specializes in trucking and transportation insurance, including commercial and motor truck cargo, in addition to worker's compensation, accident, and liability insurance for the transportation market. Transure's brokerage platform is augmented by an in-house wholesale operation, with proprietary transportation product offerings and underwriting authority.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 Sundance Insurance Agency

Yuma, Arizona, United States

Sundance is a full service property and casualty insurance broker with an outstanding, well-established brand and reputation in the Yuma community.

Buy -
Mergr

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