M&A Deal Summary

Wells Fargo Insurance Services USA Acquires AIM Administration

On April 1, 2010, Wells Fargo Insurance Services USA acquired insurance company AIM Administration

Acquisition Highlights
  • This is Wells Fargo Insurance Services USA’s 4th transaction in the Insurance sector.
  • This is Wells Fargo Insurance Services USA’s 6th transaction in the United States.
  • This is Wells Fargo Insurance Services USA’s 1st transaction in Utah.

M&A Deal Summary
Date 2010-04-01
Target AIM Administration
Sector Insurance
Buyer(s) Wells Fargo Insurance Services USA
Deal Type Add-on Acquisition

Target

AIM Administration

Salt Lake City, Utah, United States
AIM Administration, Inc., a employee benefits insurance brokerage firm. AIM Administration specializes in providing employee benefits services including Group Medical, Group Dental, other related ancillary products and consulting services, as well as a full range of employee benefits programs.

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Buyer(S) 1

Buyer

Wells Fargo Insurance Services USA

Chicago, Illinois, United States
Category Company
Sector Insurance
DESCRIPTION

Wells Fargo Insurance Services USA (WFIS) is an insurance provider. The Business has a variety of product lines and services including Insurance Brokerage and Consulting, Employee Benefits and Property & Casualty, along with Safehold Special Risk, Small Business Insurance, Student Insurance, Individual Health and Private Risk Management Insurance.

DEAL STATS #
Overall 6 of 9
Sector (Insurance) 4 of 7
Type (Add-on Acquisition) 6 of 9
State (Utah) 1 of 1
Country (United States) 6 of 9
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 iLeader Risk Management Solutions

Tampa, Florida, United States

iLeader Risk Management Solutions, provides strategic, operational, and financial risk evaluation solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-07 American E & S Insurance Brokers California

San Francisco, California, United States

American E & S Insurance Brokers California, Inc. is a provider of insurance brokerage services.

Sell -
Mergr

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