M&A Deal Summary

Worldwide Facilities Acquires Jorgensen & Co

On October 2, 2020, Worldwide Facilities acquired insurance company Jorgensen & Co

Acquisition Highlights
  • This is Worldwide Facilities’ 12th transaction in the Insurance sector.
  • This is Worldwide Facilities’ 12th transaction in the United States.
  • This is Worldwide Facilities’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-10-02
Target Jorgensen & Co
Sector Insurance
Buyer(s) Worldwide Facilities
Deal Type Add-on Acquisition

Target

Jorgensen & Co

Maywood, New Jersey, United States
Hunt Jorgensen LLC is a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen is based in Maywood, New Jersey.

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Buyer(S) 1

Buyer

Worldwide Facilities

Los Angeles, California, United States

Category Company
Founded 1970
Sector Insurance
DESCRIPTION

Worldwide Facilities LLC is a national wholesale insurance broker, managing general agent, and program manager. Worldwide Facilities brokers and underwriters are industry leaders providing expertise in a wide range of specialty lines, as well as extensive contacts with carriers domestically and overseas. Worldwide Facilities was founded in 1970 and is based in Los Angeles, California.


DEAL STATS #
Overall 12 of 12
Sector: Insurance M&A 12 of 12
Type: Add-on Acquisition M&A Deals 12 of 12
State: New Jersey M&A 1 of 1
Country: United States M&A 12 of 12
Year: 2020 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 Clearwater Underwriters

Clearwater, Florida, United States

Clearwater Underwriters, Inc. is a surplus lines MGA. Clearwater Underwriters was founded in 1991 and is based in Clearwater, Florida.

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