M&A Deal Summary

Trident Public Risk Solutions Acquires Massamont Insurance Agency

On March 4, 2008, Trident Public Risk Solutions acquired insurance company Massamont Insurance Agency

Acquisition Highlights
  • This is Trident Public Risk Solutions’ 2nd transaction in the Insurance sector.
  • This is Trident Public Risk Solutions’ 2nd transaction in the United States.
  • This is Trident Public Risk Solutions’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2008-03-04
Target Massamont Insurance Agency
Sector Insurance
Buyer(s) Trident Public Risk Solutions
Deal Type Add-on Acquisition

Target

Massamont Insurance Agency

Boston, Massachusetts, United States
Massamont Insurance Agency, Inc. which specializes in insurance programs for public entities.

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Buyer(S) 1

Buyer

Trident Public Risk Solutions

San Antonio, Texas, United States

Category Company
Founded 2000
Sector Insurance
DESCRIPTION

Trident Public Risk Solutions provides insurance products and risk management solutions for public-sector entities such as counties, municipalities, schools, special districts, and governmental inter-local pools. Its product lines include general liability, automobile liability and physical damage, property, inland marine, crime, public officials’ liability, educators’ legal liability, employment practices liability, law enforcement liability, and umbrella liability. It operates through a distribution network of national brokerages and local agencies. Trident Public Risk Solutions was formed in 2000 and is based in San Antonio, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-09 U.S. Risk of Oregon

Oregon, United States

U.S. Risk of Oregon, Inc. is a provider of property and casualty insurance services for local governments.

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