M&A Deal Summary

World Insurance Associates Acquires Sprague Israel Giles

On December 11, 2024, World Insurance Associates acquired insurance company Sprague Israel Giles

Acquisition Highlights
  • This is World Insurance Associates’ 141st transaction in the Insurance sector.
  • This is World Insurance Associates’ 149th transaction in the United States.
  • This is World Insurance Associates’ 1st transaction in Washington.

M&A Deal Summary

Date 2024-12-11
Target Sprague Israel Giles
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target

Sprague Israel Giles

Seattle, Washington, United States
Sprague Israel Giles offers a wide range of commercial property/casualty, employee benefits, and personal insurance products and services. Sprague Israel Giles was founded in 1958 and is based in Seattle, Washington.

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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 149 of 149
Sector (Insurance) 141 of 141
Type (Add-on Acquisition) 148 of 148
State (Washington) 1 of 1
Country (United States) 149 of 149
Year (2024) 14 of 14
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 -