M&A Deal Summary

Simplicity Group Acquires Advisors Resources

On August 9, 2021, Simplicity Group acquired insurance company Advisors Resources

Acquisition Highlights
  • This is Simplicity Group’s 10th transaction in the Insurance sector.
  • This is Simplicity Group’s 14th transaction in the United States.
  • This is Simplicity Group’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-08-09
Target Advisors Resources
Sector Insurance
Buyer(s) Simplicity Group
Deal Type Add-on Acquisition

Target

Advisors Resources

Hopkins, Minnesota, United States
Advisors Resources is a provider of insurance, annuity, and LTC products. Advisors Resources is a results-driven marketing organization focused on helping independent agents and advisors increase their life insurance and annuity business. Advisors Resources was founded in 2006 and is based in Hopkins, Minnesota.

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Buyer(S) 1

Buyer

Simplicity Group

Summit, New Jersey, United States
Category Company
Founded 2008
Sector Business Services
DESCRIPTION

Simplicity Group is a financial product distribution firm focused on retirement planning solutions through a combination of annuity, life insurance, and securities products. Simplicity Group was founded in 2008 and is based in Summit, New Jersey.

DEAL STATS #
Overall 14 of 52
Sector (Insurance) 10 of 28
Type (Add-on Acquisition) 14 of 50
State (Minnesota) 1 of 3
Country (United States) 14 of 52
Year (2021) 6 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 Insurance Network America

Boise, Idaho, United States

Insurance Network America provides expertise and support to independent agents who specialize in life insurance, annuities, long-term care insurance, and employee benefits. INA offers top contracts with leading carriers, deep knowledge of industry trends and legislative issues, and powerful tools and programs to help agents serve their clients. Insurance Network America was founded in 1987 and is based in Boise, Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 Sawtooth

Minneapolis, Minnesota, United States

Sawtooth is a provider of unified managed account investment solutions to independent wealth advisors. Sawtooth provides access to hundreds of leading third-party asset managers, equipping advisors with model investment portfolios for all ranges of wealth, from the mass-affluent to the high net-worth. Sawtooth is based in Minneapolis, Minnesota.

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