Add-on Acquisition • Insurance

Security Service Insurance Acquires Pace Insurance Managers

On April 7, 2021, Security Service Insurance acquired insurance company Pace Insurance Managers

Acquisition Context

This is Security Service Insurance’s 1st transaction in the Insurance sector.
This is Security Service Insurance’s 1st transaction in the United States.
This is Security Service Insurance’s 1st transaction in Louisiana.

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M&A Deal Summary
Date	April 7, 2021
Target	Pace Insurance Managers
Sector	Insurance
Buyer(s)	Security Service Insurance
Deal Type	Add-on Acquisition

Target Company

Pace Insurance Managers

Springhill, Louisiana, United States

Pace Insurance Managers is a provider of a full-service insurance coverage to the forest products industry. Pace Insurance Managers is based in Springhill, Louisiana.

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Buyer Overview 1

Buyer

Security Service Insurance

San Antonio, Texas, United States

Category	Company
Sector	Insurance

DESCRIPTION

Security Service Insurance is an independent agency currently licensed in eight states. Security Service Insurance is based in San Antonio, Texas.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Add-on Acquisition	1 of 1
State: Louisiana	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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