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  6. Trucept Acquires UWS Insurance

M&A Deal Summary

Trucept Acquires UWS Insurance

On February 24, 2020, Trucept acquired insurance company UWS Insurance

Acquisition Highlights
  • This is Trucept’s 1st transaction in the Insurance sector.
  • This is Trucept’s 2nd transaction in the United States.
  • This is Trucept’s 2nd transaction in California.

M&A Deal Summary
Date 2020-02-24
Target UWS Insurance
Sector Insurance
Buyer(s) Trucept
Deal Type Add-on Acquisition

Target

UWS Insurance

Escondido, California, United States
UWS Insurance Corp. is an insurance agency currently licensed in 25 states with plans to become licensed in all 50. UWS Insurance is based in Escondido, California.

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Buyer(S) 1

Buyer

Trucept

Escondido, California, United States
Category Company
Sector Business Services
Employees28
DESCRIPTION

Trucept is a provider of payroll services to a broader set of market segments. Trucept suite of tools and services designed exclusively for the PEO model, the company understands and provides services in the fields of accounting, human resources, compliance, and branding and marketing. Trucept is headquartered in Escondido, Florida.

DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 Afinida

Escondido, California, United States

Afinida, Inc. is a provider of payroll and tax services. Afinida is based in Escondido, California.

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