M&A Deal Summary

World Insurance Associates Acquires American Insurance Marketing

On September 24, 2019, World Insurance Associates acquired insurance company American Insurance Marketing

Acquisition Highlights
  • This is World Insurance Associates’ 25th transaction in the Insurance sector.
  • This is World Insurance Associates’ 26th transaction in the United States.
  • This is World Insurance Associates’ 1st transaction in Maryland.

M&A Deal Summary

Date 2019-09-24
Target American Insurance Marketing
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

American Insurance Marketing

Prince Frederick, Maryland, United States
American Insurance Marketing Corp. is specialized in auto, home, church, business, life & health insurance. American Insurance Marketing is based in Prince Frederick, Maryland.

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Buyer(S) 1

Buyer

World Insurance Associates

Iselin, New Jersey, United States

Category Company
Founded 2012
Sector Insurance
DESCRIPTION

World Insurance Associates offers comprehensive insurance coverage, risk management strategies, and benefits consulting services for businesses and individuals. The Company focuses on property and casualty lines and has built centers of excellence in specialized industries such as transportation, hospitality, self-storage facilities, non-profits, and construction. WIA operates 40 offices in 11 states and has grown through a combination of organic growth and agency acquisitions, with 53 completed to-date. World Insurance Associates was founded in 2012 and is based in Iselin, New Jersey.


DEAL STATS #
Overall 26 of 139
Sector (Insurance) 25 of 131
Type (Add-on Acquisition) 26 of 139
State (Maryland) 1 of 3
Country (United States) 26 of 139
Year (2019) 13 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 West Coast Insurance Group

Saint Petersburg, Florida, United States

West Coast Insurance Group is a family-owned and operated agency, proudly serving the entire state of Florida. West Coast Insurance Group serves its clients by reducing insurance costs, reducing gaps in coverage and reducing or eliminating exposure to risk, and properly covering all aspects of its’ clients’ risk.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 KPB Insurance Services

Warminster, Pennsylvania, United States

KPB Insurance Services, Inc. provides insurance and financial solutions to individuals, families, and businesses in Eastern Pennsylvania. KPB Insurance Services, Inc. was founded in 1982 and is based in Warminster, Pennsylvania.

Buy -