M&A Deal Summary

Trucordia Acquires VB@Work

On November 28, 2022, Trucordia acquired insurance company VB@Work

Acquisition Highlights
  • This is Trucordia’s 2nd transaction in the Insurance sector.
  • This is Trucordia’s 3rd transaction in the United States.
  • This is Trucordia’s 1st transaction in Georgia.

M&A Deal Summary
Date 2022-11-28
Target VB@Work
Sector Insurance
Buyer(s) Trucordia
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Trucordia

Lindon, Utah, United States
Category Company
Sector Insurance
DESCRIPTION

Trucordia is a full-service consultant and insurance brokerage firm offering a broad array of commercial, life, and health, employee benefits, and workers' compensation solutions. Trucordia is based in Lindon, Utah.

DEAL STATS #
Overall 3 of 20
Sector (Insurance) 2 of 18
Type (Add-on Acquisition) 3 of 19
State (Georgia) 1 of 2
Country (United States) 3 of 20
Year (2022) 3 of 5
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
2022-12-07 Direct Dealer Services

Hoffman Estates, Illinois, United States

Direct Dealer Services is an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions, and training. DDS offers national automotive dealers, agents, and lender partners innovative F&I programs that promote employee confidence, fewer regulatory risks, and improved customer sales and satisfaction. Direct Dealer Services was formed in 1992 and is based in Hoffman Estates, Illinois.

Buy -
Mergr

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Company

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