M&A Deal Summary

World Insurance Associates Acquires TW Group

On December 31, 2023, World Insurance Associates acquired insurance company TW Group

Acquisition Highlights
  • This is World Insurance Associates’ 127th transaction in the Insurance sector.
  • This is World Insurance Associates’ 135th transaction in the United States.
  • This is World Insurance Associates’ 3rd transaction in Illinois.

M&A Deal Summary

Date 2023-12-31
Target TW Group
Sector Insurance
Buyer(s) World Insurance Associates
Deal Type Add-on Acquisition
Advisor(s) The Manhattan Group
Donatelli & Coules (Financial)

Target

TW Group

Westmont, Illinois, United States
TW Group provides insurance to individuals and businesses. TW specializes in business, personal, life, and health insurance. TW Group was founded in 1946 and is based in Westmont, Illinois.

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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 135 of 149
Sector (Insurance) 127 of 141
Type (Add-on Acquisition) 135 of 148
State (Illinois) 3 of 3
Country (United States) 135 of 149
Year (2023) 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-15 Calhoun Agency

Haddonfield, New Jersey, United States

Calhoun Agency provides a full range of insurance services. Calhoun Agency was founded in 1926 and is based in Haddonfield, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-29 John J. Flynn

Dover, New Hampshire, United States

John J. Flynn is a full-service agency providing personal and commercial insurance to customers. John J. Flynn was formed in 1999 and is based in Dover, New Hampshire.

Buy -