Add-on Acquisition • Insurance

Tompkins Insurance Agencies Acquires Banfield & Associates

On December 31, 2004, Tompkins Insurance Agencies acquired insurance company Banfield & Associates

Acquisition Context
  • This is Tompkins Insurance Agencies’ 3rd transaction in the Insurance sector.
  • This is Tompkins Insurance Agencies’ 3rd transaction in the United States.
  • This is Tompkins Insurance Agencies’ 3rd transaction in New York.

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M&A Deal Summary

Date December 31, 2004
Target Banfield & Associates
Sector Insurance
Buyer(s) Tompkins Insurance Agencies
Deal Type Add-on Acquisition

Target Company

Banfield & Associates

Ithaca, New York, United States
Banfield & Associates Inc is one of Ithaca's Insurance Companies which provides various insurance products and services.
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Buyer Overview 1

Buyer

Tompkins Insurance Agencies

Attica, New York, United States

Category Company
Founded 1875
Sector Insurance
Revenue 40M USD (2025)
DESCRIPTION

Tompkins Insurance Agencies is a provider of insurance solutions and products for commercial and individual clients. Tompkins Insurance Agencies was founded in 1875 and is based in Attica, New York.


Deal Context for Buyer #
Overall 3 of 11
Sector: Insurance 3 of 11
Type: Add-on Acquisition 3 of 10
State: New York 3 of 10
Country: United States 3 of 11
Year: 2004 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-15 Ernest Townsend & Son

Leroy, New York, United States

Ernest Townsend & Son is a provider of insurance services and products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-01 Farrell-Messler Insurance Agency

Trumansburg, New York, United States

Farrell-Messler Insurance Agency LLC is a provider of insurance brokerage services.

Buy -