M&A Deal Summary

Security Service Insurance Acquires Pace Insurance Managers

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2021-04-07
Target Pace Insurance Managers
Sector Insurance
Buyer(s) Security Service Insurance
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Louisiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1