M&A Deal Summary

World Insurance Associates Acquires Bentsen Combies Insurance

On July 8, 2020, World Insurance Associates acquired insurance company Bentsen Combies Insurance

Acquisition Highlights
  • This is World Insurance Associates’ 39th transaction in the Insurance sector.
  • This is World Insurance Associates’ 41st transaction in the United States.
  • This is World Insurance Associates’ 3rd transaction in Rhode Island.

M&A Deal Summary

Date 2020-07-08
Target Bentsen Combies Insurance
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

Bentsen Combies Insurance

Greenwich, Rhode Island, United States
Bentsen Combies Insurance, Inc. is an independent insurance agency that has been serving the local community. Bentsen Combies Insurance was founded in 1946 and is based in Greenwich, Rhode Island.

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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 41 of 149
Sector (Insurance) 39 of 141
Type (Add-on Acquisition) 41 of 148
State (Rhode Island) 3 of 6
Country (United States) 41 of 149
Year (2020) 11 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Pinnacle Insurance Group of Indiana

Crown Point, Indiana, United States

Pinnacle Insurance Group of Indiana is an insurance and risk management advisor to commercial and personal insurance clients. Pinnacle Insurance Group of Indiana is based in Crown Point, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-22 Professional Insurance Consulting

Fort-Mill, South Carolina, United States

Professional Insurance Consulting, Inc. is an independent property-casualty insurance agency specialized in pizza shops, non-profit organizations, and the automatic sprinkler industry. Professional Insurance Consulting was founded in 2005 and is based in Fort-Mill, South Carolina.

Buy -