M&A Deal Summary

Relation Acquires Truck

On November 10, 2021, Relation acquired insurance company Truck

Acquisition Highlights
  • This is Relation’s 34th transaction in the Insurance sector.
  • This is Relation’s 36th transaction in the United States.
  • This is Relation’s 1st transaction in Kansas.

M&A Deal Summary
Date 2021-11-10
Target Truck
Sector Insurance
Buyer(s) Relation
Deal Type Add-on Acquisition

Target

Truck

Edwardsville, Kansas, United States
Truck provides insurance solutions to trucking companies, small fleets, contract haulers, and owner-operators throughout the country. Leveraging industry experience, product expertise, and relationships, Truck helps clients in all aspects of risk management. Truck is headquartered in Edwardsville, Kansas.

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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 36 of 71
Sector (Insurance) 34 of 69
Type (Add-on Acquisition) 32 of 63
State (Kansas) 1 of 1
Country (United States) 36 of 71
Year (2021) 16 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 Consultative

Olmsted Falls, Ohio, United States

Consultative provides personal and commercial lines insurance solutions to clients throughout Ohio and South Carolina and is headquartered in Olmsted Falls, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-11 D Amico & Associates

Clermont, Florida, United States

D'Amico & Associates is an independent agency providing commercial and personal insurance products to clients in Connecticut and the surrounding areas. D'Amico & Associates is based in Clermont, Florida.

Buy -
Mergr

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