Add-on Acquisition • Insurance

World Insurance Associates Acquires Stokes Farnham

On January 1, 2025, World Insurance Associates acquired insurance company Stokes Farnham

Acquisition Context
  • This is World Insurance Associates’ 143rd transaction in the Insurance sector.
  • This is World Insurance Associates’ 151st transaction in the United States.
  • This is World Insurance Associates’ 7th transaction in South Carolina.

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M&A Deal Summary

Date January 1, 2025
Target Stokes Farnham
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition

Target Company

Stokes Farnham

Greer, South Carolina, United States
Stokes Farnham provides a full range of insurance services.
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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 151 of 176
Sector: Insurance 143 of 166
Type: Add-on Acquisition 150 of 175
State: South Carolina 7 of 7
Country: United States 151 of 176
Year: 2025 2 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-01 Owens Insurance

Greer, South Carolina, United States

Owens Insurance provides a full range of insurance services, based in Greer, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-15 Business Contractors Insurance Services

Santee, California, United States

Business Contractors Insurance Services provides full insurance services to individuals and businesses. Business Contractors Insurance Services is based in Santee, California.

Buy -