M&A Deal Summary

Seashore Insurance and Associates Acquires Parkway Insurance Services

On January 25, 2014, Seashore Insurance and Associates acquired insurance company Parkway Insurance Services

Acquisition Highlights
  • This is Seashore Insurance and Associates’ 2nd transaction in the Insurance sector.
  • This is Seashore Insurance and Associates’ 2nd transaction in the United States.
  • This is Seashore Insurance and Associates’ 2nd transaction in North Carolina.

M&A Deal Summary

Date 2014-01-25
Target Parkway Insurance Services
Sector Insurance
Buyer(s) Seashore Insurance and Associates
Deal Type Add-on Acquisition

Target

Parkway Insurance Services

Lenoir,, North Carolina, United States
Parkway Insurance Services, is a longstanding home, auto, health and business insurance agency.

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Buyer(S) 1

Buyer

Seashore Insurance and Associates

Jacksonville, North Carolina, United States

Category Company
Founded 1975
Sector Insurance
DESCRIPTION

Seashore Insurance and Associates, privately owned insurance agencies in the country, and its commitment to managing the risk of clients and superior customer service.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 Triangle Insurance Agricultural/Equine Divisions

North Carolina, United States

Triangle Insurance Agricultural/Equine Divisions represents a wide array of national and regional insurance companies that allow access markets for various types of coverage, including workers compensation, general liability, commercial umbrella, property, business auto, contractors.

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