M&A Deal Summary

Warner Pacific Insurance Services Acquires General Agency of Ashmore Agency

On August 8, 2024, Warner Pacific Insurance Services acquired insurance company General Agency of Ashmore Agency

Acquisition Highlights
  • This is Warner Pacific Insurance Services’ 3rd transaction in the Insurance sector.
  • This is Warner Pacific Insurance Services’ 5th transaction in the United States.
  • This is Warner Pacific Insurance Services’ 2nd transaction in Texas.

M&A Deal Summary

Date 2024-08-08
Target General Agency of Ashmore Agency
Sector Insurance
Buyer(s) Warner Pacific Insurance Services
Deal Type Add-on Acquisition

Target

General Agency of Ashmore Agency

Lubbock, Texas, United States
General Agency of Ashmore Agency is a general agency providing employee benefits consulting. General Agency of Ashmore Agency was founded in 1984 and is based in Lubbock, Texas.

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Buyer(S) 1

Buyer

Warner Pacific Insurance Services

Westlake Village, California, United States

Category Company
Founded 1982
Sector Business Services
DESCRIPTION

Warner Pacific Insurance Services provides sales assistance, back-office support and a full suite of benefit products and tech-enabled services to insurance agents, principally focused on the small group, large group, and Medicare health insurance markets. Warner Pacific Insurance Services was founded in 1982 and is based in Westlake Village, California.


DEAL STATS #
Overall 5 of 5
Sector (Insurance) 3 of 3
Type (Add-on Acquisition) 5 of 5
State (Texas) 2 of 2
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 BeneUSA

Excelsior, Minnesota, United States

BeneUSA is an Excelsior-based employee benefits General Agency specializing in ancillary group insurance products and services that cater to insurance brokers, agents, and their organizations. BeneUSA is based in Excelsior, Minnesota.

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