M&A Deal Summary

World Insurance Associates Acquires JBL Trinity Group

On April 5, 2024, World Insurance Associates acquired insurance company JBL Trinity Group

Acquisition Highlights
  • This is World Insurance Associates’ 129th transaction in the Insurance sector.
  • This is World Insurance Associates’ 137th transaction in the United States.
  • This is World Insurance Associates’ 40th transaction in New Jersey.

M&A Deal Summary

Date 2024-04-05
Target JBL Trinity Group
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

JBL Trinity Group

Atlantic Highlands, New Jersey, United States
JBL Trinity Group provides various insurance products including auto, home, and business insurance. They specialize in maritime and New York City construction insurance and offer a national roller-skating program. JBL was founded in 1997 and is based in Atlantic Highlands, New Jersey.

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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 137 of 149
Sector (Insurance) 129 of 141
Type (Add-on Acquisition) 137 of 148
State (New Jersey) 40 of 42
Country (United States) 137 of 149
Year (2024) 2 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-29 John J. Flynn

Dover, New Hampshire, United States

John J. Flynn is a full-service agency providing personal and commercial insurance to customers. John J. Flynn was formed in 1999 and is based in Dover, New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-11 InterWeb Insurance

Lake Havasu, Arizona, United States

InterWeb Insurance provides commercial insurance, focusing on E&O coverage for customers in the financial services sector. InterWeb was founded in 2008 and is based in Lake Havasu, Arizona.

Buy -