M&A Deal Summary

World Insurance Associates Acquires JRIA

On April 5, 2021, World Insurance Associates acquired insurance company JRIA

Acquisition Highlights
  • This is World Insurance Associates’ 72nd transaction in the Insurance sector.
  • This is World Insurance Associates’ 75th transaction in the United States.
  • This is World Insurance Associates’ 5th transaction in South Carolina.

M&A Deal Summary

Date 2021-04-05
Target JRIA
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

JRIA

Anderson, South Carolina, United States
JRIA is a provider of a full range of insurance services. JRIA was founded in 2002 and is based in Anderson, South Carolina.

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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 75 of 149
Sector (Insurance) 72 of 141
Type (Add-on Acquisition) 75 of 148
State (South Carolina) 5 of 5
Country (United States) 75 of 149
Year (2021) 10 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-05 LB Insurance

Anderson, South Carolina, United States

LB Insurance is an independent, multi-line insurance agency. LB Insurance was founded in 1912 and is based in Anderson, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-15 Dacey Insurance Agency

Greenwich, Rhode Island, United States

Dacey Insurance Agency an independent insurance agency, provides bonding, personal, business and family insurance coverage. Dacey Insurance Agency was founded in 1985 and is based in Greenwich, Rhode Island.

Buy -