M&A Deal Summary

World Insurance Associates Acquires McFarlin Insurance

On August 1, 2021, World Insurance Associates acquired insurance company McFarlin Insurance

Acquisition Highlights
  • This is World Insurance Associates’ 76th transaction in the Insurance sector.
  • This is World Insurance Associates’ 79th transaction in the United States.
  • This is World Insurance Associates’ 2nd transaction in Maryland.

M&A Deal Summary

Date 2021-08-01
Target McFarlin Insurance
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

McFarlin Insurance

Columbia, Maryland, United States
McFarlin Insurance is an independent retail insurance agency. McFarlin Insurance was founded in 1939 and is based in Columbia, Maryland.

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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 79 of 149
Sector (Insurance) 76 of 141
Type (Add-on Acquisition) 79 of 148
State (Maryland) 2 of 3
Country (United States) 79 of 149
Year (2021) 14 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-01 Rocco Rose

Brockton, Massachusetts, United States

Rocco Rose is a provider of a full range of insurance services, based in Brockton, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 Bozzuto Associates

Litchfield, Connecticut, United States

Bozzuto Associates is an insurance agency specializing in health, life, disability, and other benefit plans for employers, employees, and individuals, based in Litchfield, Connecticut.

Buy -