M&A Deal Summary

Simplicity Group Acquires Insurance Network America

On June 15, 2021, Simplicity Group acquired insurance company Insurance Network America

Acquisition Highlights
  • This is Simplicity Group’s 9th transaction in the Insurance sector.
  • This is Simplicity Group’s 13th transaction in the United States.
  • This is Simplicity Group’s 1st transaction in Idaho.

M&A Deal Summary
Date 2021-06-15
Target Insurance Network America
Sector Insurance
Buyer(s) Simplicity Group
Deal Type Add-on Acquisition

Target

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.

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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 13 of 52
Sector (Insurance) 9 of 28
Type (Add-on Acquisition) 13 of 50
State (Idaho) 1 of 1
Country (United States) 13 of 52
Year (2021) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 Guardian Financial Group

Mansfield, Texas, United States

Guardian Financial Group is a provider of specialized financial planning advice tailored to the unique needs of religious leaders and their families. Guardian Financial Group is based in Mansfield, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-09 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.

Buy -
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