M&A Deal Summary

World Insurance Associates Acquires Danaher-Skewes & Associates

On November 12, 2020, World Insurance Associates acquired insurance company Danaher-Skewes & Associates

Acquisition Highlights
  • This is World Insurance Associates’ 56th transaction in the Insurance sector.
  • This is World Insurance Associates’ 58th transaction in the United States.
  • This is World Insurance Associates’ 4th transaction in Virginia.

M&A Deal Summary

Date 2020-11-12
Target Danaher-Skewes & Associates
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition
Advisor(s) Sica Fletcher (Financial)
Schnader Harrison Segal & Lewis (Legal)

Target

Danaher-Skewes & Associates

Alexandria, Virginia, United States
Danaher-Skewes & Associates, Inc. is one of the largest independent insurance agencies that helps its clients make smart decisions, protecting them from the unexpected and planning for the predictable.

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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 58 of 174
Sector: Insurance M&A 56 of 164
Type: Add-on Acquisition M&A Deals 58 of 173
State: Virginia M&A 4 of 7
Country: United States M&A 58 of 174
Year: 2020 M&A 28 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-12 Fairways Insurance Services

Cinnaminson, New Jersey, United States

Fairways Insurance Services, Inc. is a full-service insurance agency serving clients throughout New Jersey, Pennsylvania, and Delaware. Fairways pride itself on its ability to establish long-term relationships with its clients by providing superior service and comprehensive insurance programs. Fairways Insurance Services is based in Cinnaminson, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-13 Ball Insurance Services

Merrillville, Indiana, United States

Ball Insurance Services is a Property & Casualty focused agency, specializing in auto and motorcycle insurance. Ball Insurance values its client relationships and believes in providing the highest level of service and expertise. Ball Insurance Services was founded in 1962 and is based in Merrillville, Indiana.

Buy -