M&A Deal Summary

World Insurance Associates Acquires SAS Insurance

On January 18, 2022, World Insurance Associates acquired insurance company SAS Insurance

Acquisition Highlights
  • This is World Insurance Associates’ 95th transaction in the Insurance sector.
  • This is World Insurance Associates’ 99th transaction in the United States.
  • This is World Insurance Associates’ 33rd transaction in New Jersey.

M&A Deal Summary
Date 2022-01-18
Target SAS Insurance
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition
Advisor(s) Schwell Wimpfheimer & Associates (Legal)

Target

SAS Insurance

Kearny, New Jersey, United States
SAS Insurance serves the insurance needs of the area and of all New Jersey with their professional staff. SAS handles a full range of insurance products including auto, home, commercial, and life insurance. SAS Insurance was established in 1965 and is based in Kearny, 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 99 of 149
Sector (Insurance) 95 of 141
Type (Add-on Acquisition) 99 of 148
State (New Jersey) 33 of 42
Country (United States) 99 of 149
Year (2022) 3 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-13 TCC

Coral Gables, Florida, United States

TCC specializes in the marketing of Life, Health, Dental, and Disability insurance products, with a specific focus on offering voluntary benefits through payroll deduction at the workplace. TCC was founded in 1977 and is headquartered in Coral Gables, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 Steve Love Insurance

Virginia Beach, Virginia, United States

Steve Love Insurance is a provider of personal insurance, including car, home, and life, as well as business insurance. Steve Love Insurance is based in Virginia Beach, Virginia.

Buy -
Mergr

Product

Company

Legal