M&A Deal Summary

Towne Insurance Agency Acquires B.H. Baird Insurance Agency

On October 9, 2015, Towne Insurance Agency acquired insurance company B.H. Baird Insurance Agency

Acquisition Highlights
  • This is Towne Insurance Agency’s 6th transaction in the Insurance sector.
  • This is Towne Insurance Agency’s 6th transaction in the United States.
  • This is Towne Insurance Agency’s 5th transaction in Virginia.

M&A Deal Summary

Date 2015-10-09
Target B.H. Baird Insurance Agency
Sector Insurance
Buyer(s) Towne Insurance Agency
Deal Type Add-on Acquisition

Target

B.H. Baird Insurance Agency

Warsaw, Virginia, United States
B.H. Baird Insurance Agency is a provider of full range of insurance products and services. B.H. Baird Insurance Agency was established in 1895 and is based in Warsaw, Virginia.

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Buyer(S) 1

Buyer

Towne Insurance Agency

Virginia Beach, Virginia, United States

Category Company
Founded 2001
Sector Insurance
DESCRIPTION

Towne Insurance Agency, Inc. is an independent insurance agency providing comprehensive solutions and risk management programs to businesses of all sizes, including property and casualty insurance, workers’ compensation, bonding, employee benefits and more. Towne Insurance was established in 2001 and is based in Virginia Beach, Virginia.


DEAL STATS #
Overall 6 of 7
Sector: Insurance M&A 6 of 7
Type: Add-on Acquisition M&A Deals 6 of 7
State: Virginia M&A 5 of 5
Country: United States M&A 6 of 7
Year: 2015 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-09 Invincia Insurance Solutions

Chesterfield, Virginia, United States

Invincia Insurance Solutions is a provider of property and casualty insurance employee benefits, risk consulting services. Invincia Insurance Solutions was established in 2006 and is based in Chesterfield, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-03 W. A. Moore & Co.

Kinston, North Carolina, United States

W. A. Moore & Co., Inc. is an insurance agency that provides quality insurance products for individuals and businesses. W. A. Moore & Co., Inc. was established in 1924 and is based in Kinston, North Carolina.

Buy -