Add-on Acquisition • Insurance

Trucordia Acquires Milz Health Group

On November 14, 2022, Trucordia acquired insurance company Milz Health Group

Acquisition Context
  • This is Trucordia’s 19th transaction in the Insurance sector.
  • This is Trucordia’s 21st transaction in the United States.
  • This is Trucordia’s 1st transaction in Wisconsin.

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M&A Deal Summary

Date November 14, 2022
Target Milz Health Group
Sector Insurance
Buyer(s) Trucordia
Deal Type Add-on Acquisition

Target Company

Milz Health Group

Milwaukee, Wisconsin, United States
Milz Health Group is a full-service health insurance agency providing affordable health insurance plans to those just turning 65 and other Wisconsin Medicare-eligible individuals. Milz Health Group was founded in 2003 and is based in Milwaukee, Wisconsin.
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Buyer Overview 1

Buyer

Trucordia

Lindon, Utah, United States

Category Company
Founded 1987
Sector Insurance
DESCRIPTION

Trucordia is a full-service insurance brokerage firm that provides complete risk management solutions with a broad array of property & casualty, life and health, employee benefits, and workers' compensation insurance products. Trucordia was formed in 1987 and is based in Lindon, Utah.


Deal Context for Buyer #
Overall 21 of 53
Sector: Insurance 19 of 49
Type: Add-on Acquisition 20 of 51
State: Wisconsin 1 of 1
Country: United States 21 of 53
Year: 2022 14 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Infuse Insurance

Beckley, West Virginia, United States

Infuse Insurance is an independent, community-based agency offering a comprehensive suite of home, auto, business, and life insurance solutions. Infuse Insurance was founded in 2006 and is based in Beckley, West Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 VB@Work

Marietta, Georgia, United States

VB@Work is an insurance brokerage group that designs and implements voluntary employee benefits solutions. The company combines state-of-the-art benefits analysis, communication, enrollment, billing, and support services, providing a strategic competitive advantage for the company across the benefits industry. It provides best-in-class employee benefits solutions to employers who want to stay on the cutting edge of employee care. VB@Work is based in Marietta, Georgia.

Buy -