M&A Deal Summary

World Insurance Associates Acquires McFatter Insurance

On November 11, 2024, World Insurance Associates acquired insurance company McFatter Insurance

Acquisition Highlights
  • This is World Insurance Associates’ 138th transaction in the Insurance sector.
  • This is World Insurance Associates’ 146th transaction in the United States.
  • This is World Insurance Associates’ 6th transaction in Louisiana.

M&A Deal Summary

Date 2024-11-11
Target McFatter Insurance
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

McFatter Insurance

Lake Charles, Louisiana, United States
McFatter Insurance provides a full range of insurance services, based in Lake Charles, Louisiana.

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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 146 of 146
Sector (Insurance) 138 of 138
Type (Add-on Acquisition) 146 of 146
State (Louisiana) 6 of 6
Country (United States) 146 of 146
Year (2024) 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-11 The Firm Of Louisiana Property & Casualty

Lake Charles, Louisiana, United States

The Firm Of Louisiana Property & Casualty is an independent insurance agency. The Company was founded in 2008 and is based in Lake Charles, Louisiana.

Buy -