M&A Deal Summary

Specialty Program Group Acquires AgencyONE

On July 19, 2023, Specialty Program Group acquired insurance company AgencyONE

Acquisition Highlights
  • This is Specialty Program Group’s 15th transaction in the Insurance sector.
  • This is Specialty Program Group’s 15th transaction in the United States.
  • This is Specialty Program Group’s 1st transaction in Maryland.

M&A Deal Summary
Date 2023-07-19
Target AgencyONE
Sector Insurance
Buyer(s) Specialty Program Group
Deal Type Add-on Acquisition

Target

AgencyONE

Rockville, Maryland, United States
AgencyONE is a brokerage general agency (BGA) specializing in empowering financial advisors to deliver responsible wealth and risk management solutions through insurance life, annuities, disability, and long-term care. It enables advisors to prioritize the client experience while delivering tailored solutions for financial security and wealth transition by offering full-service, highly personalized back-office support. AgencyONE is based in Rockville, Maryland.

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Buyer(S) 1

Buyer

Specialty Program Group

Summit, New Jersey, United States
Category Company
Sector Insurance
DESCRIPTION

Specialty Program Group is a provider of underwriting and specialty businesses.

DEAL STATS #
Overall 15 of 19
Sector (Insurance) 15 of 19
Type (Add-on Acquisition) 14 of 18
State (Maryland) 1 of 1
Country (United States) 15 of 19
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-04 Squaremouth

St. Petersburg, Florida, United States

Squaremouth is a travel insurance digital marketplace offering comprehensive, transparent, and competitive coverage to travelers for 20 years through its digital platform. With the largest portfolio of travel insurance carriers and products in the U.S., it has insured over 3 million clients. Squaremouth is based in St. Petersburg, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-09 Insurance Allies

Chicago, Illinois, United States

Insurance Allies is a technology and service driven enterprise specializing in axe throwing insurance, assisted by its AxeThrowingInsurance.com branding. Insurance Allies was founded in 2019 and is based in Chicago, Illinois.

Buy -
Mergr

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