M&A Deal Summary |
|
---|---|
Date | 2018-12-17 |
Target | Avon-Dixon Agency |
Sector | Insurance |
Buyer(s) | Shore Bancshares |
Sellers(s) | Alera Group |
Deal Type | Divestiture |
Deal Value | 27M USD |
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Category | Company |
---|---|
Founded | 1876 |
Sector | Financial Services |
Employees | 610 |
Revenue | 160M USD (2023) |
Shore Bancshares is a financial holding company. Shore Bancshares was founded in 1876 and is based in Easton, Maryland.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 2 of 2 |
State (Maryland) | 2 of 2 |
Country (United States) | 2 of 2 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-01-10 |
Northwest Bancshares - Three Branches
Baltimore, Maryland, United States Northwest Bancshares, Inc. - Three Branches is a provider of financial services located in the greater Baltimore, Maryland metropolitan area with approximately $214 million in deposits, $152 million of performing loans and $40 million of cash. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-01-07 |
The Avon-Dixon Insurance Agency
Easton, Maryland, United States The Avon-Dixon Insurance Agency LLC is a full-service insurance agency that began providing insurance solutions to residents and businesses in Talbot County in 1850. The Avon-Dixon Insurance Agency LLC provides clients in the Mid-Atlantic region with property & casualty and employee benefits solutions, with specialties in yacht and boating insurance and professional trucking coverage. |
Sell | - |
Alera Group is an independent insurance and wealth management firm?offering comprehensive employee benefits, property and casualty, retirement services, and wealth management solutions to clients nationwide. Alera Group was founded in 2016 and is based in Deerfield, Illinois.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Maryland) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-12-12 |
Bailey & Company Benefits Group
Cincinnati, Ohio, United States Bailey & Company Benefits Group specializes in a wide variety of employee benefit programs. Bailey & Company helps its clients ranging from mid-sized privately held businesses to publicly traded companies maximize the return on their employee benefits investments by customizing a plan for each client’s individual needs. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-01-07 |
The Avon-Dixon Insurance Agency
Easton, Maryland, United States The Avon-Dixon Insurance Agency LLC is a full-service insurance agency that began providing insurance solutions to residents and businesses in Talbot County in 1850. The Avon-Dixon Insurance Agency LLC provides clients in the Mid-Atlantic region with property & casualty and employee benefits solutions, with specialties in yacht and boating insurance and professional trucking coverage. |
Buy | - |