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  6. Tangram Insurance Services Acquires PCALIC

M&A Deal Summary

Tangram Insurance Services Acquires PCALIC

On April 12, 2021, Tangram Insurance Services acquired insurance company PCALIC

Acquisition Highlights
  • This is Tangram Insurance Services’ 2nd transaction in the Insurance sector.
  • This is Tangram Insurance Services’ 2nd transaction in the United States.
  • This is Tangram Insurance Services’ 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2021-04-12
Target PCALIC
Sector Insurance
Buyer(s) Tangram Insurance Services
Deal Type Add-on Acquisition

Target

PCALIC

Hanover, Pennsylvania, United States
PCALIC is a program manager for adult residential care facilities, providing professional and general liability, property, and risk management services for these and other nonprofits. In 2011, PCALIC launched a program to serve nonprofit animal rescue and rehabilitation organizations and animal shelters.

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Buyer(S) 1

Buyer

Tangram Insurance Services

Petaluma, California, United States
Category Company
Sector Insurance
DESCRIPTION

Tangram Insurance Services, Inc. is a provider of insurance services. Tangram Insurance Services is based in Petaluma, California.

DEAL STATS #
Overall 2 of 4
Sector: Insurance M&A 2 of 4
Type: Add-on Acquisition M&A Deals 2 of 4
State: Pennsylvania M&A 2 of 2
Country: United States M&A 2 of 4
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-14 GMG Underwriters

Langhorne, Pennsylvania, United States

GMG Underwriters LLC is a specialist insurance intermediary for international insurances of foreign package, kidnap, accident and political risk. GMG Underwriters is based in Langhorne, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 New Empire

Los Angeles, California, United States

New Empire is an insurance agency specializing in the entertainment industry. New Empire was founded in 2008 and is based in Los Angeles, California.

Buy -
Mergr

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