M&A Deal Summary

Sandy Spring Insurance Acquires The Advantage Group

On August 4, 2016, Sandy Spring Insurance acquired insurance company The Advantage Group

Acquisition Highlights
  • This is Sandy Spring Insurance’s 1st transaction in the Insurance sector.
  • This is Sandy Spring Insurance’s 1st transaction in the United States.
  • This is Sandy Spring Insurance’s 1st transaction in Maryland.

M&A Deal Summary
Date 2016-08-04
Target The Advantage Group
Sector Insurance
Buyer(s) Sandy Spring Insurance
Deal Type Add-on Acquisition

Target

The Advantage Group

Westminster, Maryland, United States
The Advantage Group, Inc. is a provider of auto, home, health, business and life insurance protection services.

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Buyer(S) 1

Buyer

Sandy Spring Insurance

Annapolis, Maryland, United States
Category Company
Founded 1999
Sector Insurance
DESCRIPTION

Sandy Spring Insurance is a full-service, independent agency that offers all personal, business, and life insurance to clients across Maryland, Northern Virginia, and Washington, D.C. Sandy Spring Insurance was founded in 1999 and is based in Annapolis, Maryland.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Mergr

Product

Company

Legal