Add-on Acquisition • Insurance

Sandy Spring Insurance Acquires The Advantage Group

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date August 4, 2016
Target The Advantage Group
Sector Insurance
Buyer(s) Sandy Spring Insurance
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
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