M&A Deal Summary

Simplicity Group Acquires Dempsey Companies

On September 18, 2023, Simplicity Group acquired insurance company Dempsey Companies

Acquisition Highlights
  • This is Simplicity Group’s 26th transaction in the Insurance sector.
  • This is Simplicity Group’s 47th transaction in the United States.
  • This is Simplicity Group’s 4th transaction in Georgia.

M&A Deal Summary
Date 2023-09-18
Target Dempsey Companies
Sector Insurance
Buyer(s) Simplicity Group
Deal Type Add-on Acquisition

Target

Dempsey Companies

Atlanta, Georgia, United States
Dempsey Companies is an insurance brokerage company, providing solutions for financial advisors and the complex risks of their high-net-worth individuals and family businesses. Dempsey Companies is based in Atlanta, Georgia.

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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 47 of 52
Sector (Insurance) 26 of 28
Type (Add-on Acquisition) 46 of 50
State (Georgia) 4 of 4
Country (United States) 47 of 52
Year (2023) 13 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Breakthrough Insurance Group

Medford, New Jersey, United States

Breakthrough Insurance Group is a full-service life, annuity, and long-term care insurance general agency. Breakthrough Insurance Group was founded in 2021 and is based in Medford, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-23 Aptus

Lewis Center, Ohio, United States

Aptus provides annuity and life insurance sales, industry-leading product solutions, and proven lead-generating systems and sales strategies. Aptus was founded in 2003 and is based in Lewis Center, Ohio.

Buy -
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