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  6. Univest Insurance Acquires Sheaffer Insurance

M&A Deal Summary

Univest Insurance Acquires Sheaffer Insurance

On December 1, 2021, Univest Insurance acquired insurance company Sheaffer Insurance

Acquisition Highlights
  • This is Univest Insurance’s 4th transaction in the Insurance sector.
  • This is Univest Insurance’s 6th transaction in the United States.
  • This is Univest Insurance’s 6th transaction in Pennsylvania.

M&A Deal Summary
Date 2021-12-01
Target Sheaffer Insurance
Sector Insurance
Buyer(s) Univest Insurance
Deal Type Add-on Acquisition

Target

Sheaffer Insurance

Intercourse, Pennsylvania, United States
Sheaffer Insurance is a full-service firm providing insurance solutions to businesses and individuals in Central Pennsylvania. Sheaffer Insurance was established in 1951 and is based in Intercourse, Pennsylvania.

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Buyer(S) 1

Buyer

Univest Insurance

Lansdale, Pennsylvania, United States
Category Company
Founded 1999
Sector Insurance
DESCRIPTION

Univest Insurance is an independent insurance agency, providing property and casualty insurance, employee benefits, and life, health and disability insurance for individuals, businesses and nonprofit clients.

DEAL STATS #
Overall 6 of 6
Sector: Insurance M&A 4 of 4
Type: Add-on Acquisition M&A Deals 6 of 6
State: Pennsylvania M&A 6 of 6
Country: United States M&A 6 of 6
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Sterner Insurance Associates

Coopersburg, Pennsylvania, United States

Sterner Insurance Associates a full service firm providing insurance and consultative risk management solutions to individuals and businesses throughout the Lehigh Valley, Berks, Bucks and Montgomery counties.

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