Add-on Acquisition • Insurance

Univest Insurance Acquires Sterner Insurance Associates

On July 1, 2014, Univest Insurance acquired insurance company Sterner Insurance Associates

Acquisition Context
  • This is Univest Insurance’s 3rd transaction in the Insurance sector.
  • This is Univest Insurance’s 5th transaction in the United States.
  • This is Univest Insurance’s 5th transaction in Pennsylvania.

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M&A Deal Summary

Date July 1, 2014
Target Sterner Insurance Associates
Sector Insurance
Buyer(s) Univest Insurance
Deal Type Add-on Acquisition

Target Company

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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Buyer Overview 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 Context for Buyer #
Overall 5 of 6
Sector: Insurance 3 of 4
Type: Add-on Acquisition 5 of 6
State: Pennsylvania 5 of 6
Country: United States 5 of 6
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-01 John T. Fretz Insurance Agency

Souderton, Pennsylvania, United States

John T. Fretz Insurance Agency, a family-owned-and-operated full-service property and casualty insurance agency providing solutions to both personal and commercial clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 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.

Buy -