M&A Deal Summary

Salem Five Acquires Otis Brown Insurance Agency

On May 14, 2016, Salem Five acquired insurance company Otis Brown Insurance Agency

Acquisition Highlights

This is Salem Five’s 1st transaction in the Insurance sector.
This is Salem Five’s 1st transaction in the United States.
This is Salem Five’s 1st transaction in Massachusetts.

M&A Deal Summary
Date	2016-05-14
Target	Otis Brown Insurance Agency
Sector	Insurance
Buyer(s)	Salem Five
Deal Type	Add-on Acquisition

Target

Otis Brown Insurance Agency

Lexington, Massachusetts, United States

Otis Brown Insurance Agency, Inc. is a provider of property and casualty insurance services.

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Buyer(S) 1

Buyer

Salem Five

Salem, Massachusetts, United States

Category	Company
Founded	1885
Sector	Financial Services

DESCRIPTION

Salem Five is a banking and financial services company.

DEAL STATS	#
Overall	1 of 1
Sector: Insurance M&A	1 of 1
Type: Add-on Acquisition M&A Deals	1 of 1
State: Massachusetts M&A	1 of 1
Country: United States M&A	1 of 1
Year: 2016 M&A	1 of 1