Add-on Acquisition • Insurance

World Insurance Associates Acquires LIA Great Bend

On November 11, 2020, World Insurance Associates acquired insurance company LIA Great Bend

Acquisition Context
  • This is World Insurance Associates’ 54th transaction in the Insurance sector.
  • This is World Insurance Associates’ 56th transaction in the United States.
  • This is World Insurance Associates’ 2nd transaction in Kansas.

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M&A Deal Summary

Date November 11, 2020
Target LIA Great Bend
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target Company

LIA Great Bend

Salina, Kansas, United States
Alliance Insurance Group is a full-service insurance agency that provides property and casualty (“P&C”) insurance products including homeowners, personal automobile, workers’ compensation and commercial package. Alliance Insurance Group is based in Salina, Kansas.
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Buyer Overview 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 Context for Buyer #
Overall 56 of 176
Sector: Insurance 54 of 166
Type: Add-on Acquisition 56 of 175
State: Kansas 2 of 4
Country: United States 56 of 176
Year: 2020 26 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-11 Collier O’Neill & Associates

Trenton, New Jersey, United States

Collier O’Neill & Associates is a full-service insurance agency, provides clients with our extensive knowledge of the industry, our diligence in understanding their insurance needs, and tailoring an insurance program that addresses their needs combined with impeccable customer service. Collier O’Neill & Associates is based in Trenton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-12 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.

Buy -