M&A Deal Summary

Specialty Underwriters & Risk Evaluators Acquires WSIB Insurance Agency

On August 26, 2013, Specialty Underwriters & Risk Evaluators acquired insurance company WSIB Insurance Agency from The Capacity Group

Acquisition Highlights
  • This is Specialty Underwriters & Risk Evaluators’ 1st transaction in the Insurance sector.
  • This is Specialty Underwriters & Risk Evaluators’ 1st transaction in the United States.
  • This is Specialty Underwriters & Risk Evaluators’ 1st transaction in Michigan.

M&A Deal Summary
Date 2013-08-26
Target WSIB Insurance Agency
Sector Insurance
Buyer(s) Specialty Underwriters & Risk Evaluators
Sellers(s) The Capacity Group
Deal Type Divestiture

Target

WSIB Insurance Agency

Jackson, Michigan, United States
WSIB Insurance Agency operates as a wholesale broker and is one of the major providers of motorsports insurance in the country. WSIB writes approximately $14 million in premium, is considered one of the top providers of insurance in its niche and operates nationwide.

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Buyer(S) 1

Buyer

Specialty Underwriters & Risk Evaluators

Morristown, New Jersey, United States
Category Company
Founded 2013
Sector Insurance
DESCRIPTION

Specialty Underwriters & Risk Evaluators LLC offers insurance underwriting and brokerage services including motorsports insurance.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1

Seller(S) 1

SELLER

The Capacity Group

Mahwah, New Jersey, United States
Category Company
Founded 1990
Sector Insurance
DESCRIPTION

The Capacity Group, Inc. is a full service specialty insurance and financial services. Company offer an expansive range of customized insurance and financial products, while providing superior customer service for all types of businesses, industries, and individuals.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-12 Shriver Insurance Agency

Elmhurst, Illinois, United States

Shriver Insurance Agency is an insurance agency which specializes in insurance for public transportation companies.

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