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  6. The Plexus Groupe Acquires The Tank Agency

M&A Deal Summary

The Plexus Groupe Acquires The Tank Agency

On October 27, 2020, The Plexus Groupe acquired insurance company The Tank Agency

Acquisition Highlights
  • This is The Plexus Groupe’s 6th transaction in the Insurance sector.
  • This is The Plexus Groupe’s 6th transaction in the United States.
  • This is The Plexus Groupe’s 4th transaction in Illinois.

M&A Deal Summary
Date 2020-10-27
Target The Tank Agency
Sector Insurance
Buyer(s) The Plexus Groupe
Deal Type Add-on Acquisition

Target

The Tank Agency

Naperville, Illinois, United States
D.H. Tank Insurance Agency is an independent insurance agency specializing in commercial property & casualty and personal lines with an expertise in marine insurance placements worldwide. D.H. Tank Insurance Agency was founded in 1968 and is based in Naperville, Illinois.

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Buyer(S) 1

Buyer

The Plexus Groupe

Buffalo Grove, Illinois, United States
Category Company
Founded 1990
Sector Insurance
DESCRIPTION

The Plexus Groupe LLC is a privately held national insurance brokerage and risk management consultancy.

DEAL STATS #
Overall 6 of 6
Sector: Insurance M&A 6 of 6
Type: Add-on Acquisition M&A Deals 6 of 6
State: Illinois M&A 4 of 4
Country: United States M&A 6 of 6
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-22 Artisan Insurance Group

Brandon, Florida, United States

Artisan Insurance Group, Inc. is a property & casualty agency. Artisan Insurance Group was founded in 2001 and is based in Brandon, Florida.

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