M&A Deal Summary

Sunstar Insurance Group Acquires Press Insurance Agency

On November 12, 2015, Sunstar Insurance Group acquired insurance company Press Insurance Agency

Acquisition Highlights
  • This is Sunstar Insurance Group’s 7th transaction in the Insurance sector.
  • This is Sunstar Insurance Group’s 7th transaction in the United States.
  • This is Sunstar Insurance Group’s 3rd transaction in Kansas.

M&A Deal Summary

Date 2015-11-12
Target Press Insurance Agency
Sector Insurance
Buyer(s) Sunstar Insurance Group
Deal Type Add-on Acquisition

Target

Press Insurance Agency

Kansas City, Kansas, United States
Press Insurance Agency is a provider of insurance services and products and offers insurance brokerage services. The company is based in Kansas City, Kansas. U.S.

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Buyer(S) 1

Buyer

Sunstar Insurance Group

Memphis, Tennessee, United States

Category Company
Founded 2012
Sector Insurance
DESCRIPTION

Sunstar Insurance Group is a regional insurance brokerage firm, focused on servicing the insurance needs of businesses and individuals in the Southeast and lower Midwest. Sunstar operates through 10 hub offices, with 18 branch offices in Arkansas, Kansas, Missouri, and Tennessee. Sunstar Insurance Group was formed in 2012 and is based in Memphis, Tennessee.


DEAL STATS #
Overall 7 of 11
Sector (Insurance) 7 of 11
Type (Add-on Acquisition) 6 of 10
State (Kansas) 3 of 4
Country (United States) 7 of 11
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-01 Sims Insurance Services

Maize, Kansas, United States

Sims Insurance Services is an independent insurance agency serving the insurance needs of families and business in the Wichita and Maize, Kansas area. Company offer a broad spectrum of insurance products that support business lines of commercial insurance, personal insurance, employee benefits insurance and surety bonding.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 Hogan Insurance Group

St. Louis, Missouri, United States

Hogan Insurance Group is an independent insurance agency serving the insurance needs of families and business in the St. Louis, Missouri area. Company offer a broad spectrum of insurance products that support business lines of commercial insurance, personal insurance, employee benefits insurance and surety bonding. Company are part of one of the top 106 largest independent insurance agencies in the United States.

Buy -