M&A Deal Summary

Unison Risk Advisors Acquires Avondale Insurance Associates

On October 22, 2024, Unison Risk Advisors acquired insurance company Avondale Insurance Associates

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

M&A Deal Summary

Date 2024-10-22
Target Avondale Insurance Associates
Sector Insurance
Buyer(s) Unison Risk Advisors
Deal Type Add-on Acquisition
Advisor(s) MarshBerry Capital (Financial)

Target

Avondale Insurance Associates

Boston, Massachusetts, United States
Avondale Insurance Associates is an excess and surplus lines underwriting management company, which supports wholesale distribution for the property and general liability insurance industry. Avondale Insurance Associates was founded in 2006 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Unison Risk Advisors

Cleveland, Ohio, United States

Category Company
Sector Insurance
DESCRIPTION

Unison Risk Advisors is an insurance broker that provides risk management services, commercial property and casualty insurance, employee benefits and health insurance, personal and life insurance, and retirement plan services to corporate and individual clients in a diverse set of industries. Unison Risk Advisors is based in Cleveland, Ohio.


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: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-16 Enders Insurance

Harrisburg, Pennsylvania, United States

Enders Insurance is an insurance brokerage firm offering property & casualty, employee benefits, and personal insurance. Enders Insurance is based in Harrisburg, Pennsylvania.

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