M&A Deal Summary

Simplicity Group Acquires Eagle Team

On June 7, 2022, Simplicity Group acquired financial services company Eagle Team

Acquisition Highlights
  • This is Simplicity Group’s 6th transaction in the Financial Services sector.
  • This is Simplicity Group’s 25th transaction in the United States.
  • This is Simplicity Group’s 3rd transaction in Minnesota.

M&A Deal Summary
Date 2022-06-07
Target Eagle Team
Sector Financial Services
Buyer(s) Simplicity Group
Deal Type Add-on Acquisition

Target

Eagle Team

Woodbury, Minnesota, United States
Eagle Team is an independent organization specializing in life and annuity sales and distribution, based in Woodbury, Minnesota.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 25 of 52
Sector (Financial Services) 6 of 8
Type (Add-on Acquisition) 24 of 50
State (Minnesota) 3 of 3
Country (United States) 25 of 52
Year (2022) 5 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-05 Blue Ocean Financial Network

Burlingame, California, United States

Blue Ocean Financial Network specializes in helping agents and advisors sell to the global high-net-worth client. Blue Ocean is the only agency in California directly licensed to sell the US, offshore, and Hong Kong domiciled life insurance and annuity products. Blue Ocean is comprised of experts in Foreign National underwriting, impaired risk underwriting, advanced life insurance planning using domestic and foreign entities, and the arrangement of premium financing loans to finance large life insurance policies. Blue Ocean Financial Network is based in Burlingame, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-21 Element Insurance

Elkhorn, Nebraska, United States

Element Insurance is an independent insurance brokerage agency, based in Elkhorn, Nebraska.

Buy -
Mergr

Product

Company

Legal