M&A Deal Summary

Tropolis Acquires Madigan Pingatore Insurance Agency

On January 21, 2025, Tropolis acquired insurance company Madigan Pingatore Insurance Agency

Acquisition Highlights
  • This is Tropolis’ 5th transaction in the Insurance sector.
  • This is Tropolis’ 5th transaction in the United States.
  • This is Tropolis’ 1st transaction in Maine.

M&A Deal Summary

Date 2025-01-21
Target Madigan Pingatore Insurance Agency
Sector Insurance
Buyer(s) Tropolis
Deal Type Add-on Acquisition

Target

Madigan Pingatore Insurance Agency

Marie, Maine, United States
Madigan Pingatore Insurance Agency provides various insurance services including personal, business, health, and financial coverage. Madigan Pingatore Insurance Agency was founded in 1985 and is based in Marie, Maine.

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Buyer(S) 1

Buyer

Tropolis

Ann Arbor, Michigan, United States

Category Company
Sector Insurance
DESCRIPTION

Tropolis is an insurance brokerage providing property & casualty, employee benefits, and personal and commercial insurance solutions. Tropolis is based in Ann Arbor, Michigan.


DEAL STATS #
Overall 5 of 5
Sector: Insurance M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: Maine M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-21 Follmer Insurance Services

Brighton, Michigan, United States

Follmer Insurance Services offers a wide range of insurance solutions, including homeowners insurance, auto insurance, business insurance, commercial auto insurance, and workers' compensation insurance. Follmer Insurance Services was founded in 2000 and is based in Brighton, Michigan.

Buy -