M&A Deal Summary

Yurconic Agency Acquires Strausser Insurance

On July 22, 2024, Yurconic Agency acquired insurance company Strausser Insurance

Acquisition Highlights
  • This is Yurconic Agency’s 2nd transaction in the Insurance sector.
  • This is Yurconic Agency’s 2nd transaction in the United States.
  • This is Yurconic Agency’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2024-07-22
Target Strausser Insurance
Sector Insurance
Buyer(s) Yurconic Agency
Deal Type Add-on Acquisition

Target

Strausser Insurance

Hamburg, Pennsylvania, United States
Strausser Insurance provides auto, motorcycle, home, commercial, and farm insurance services. Strausser Insurance was formed in 1939 and is headquartered in Hamburg, Pennsylvania.

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Buyer(S) 1

Buyer

Yurconic Agency

Allentown, Pennsylvania, United States
Category Company
Founded 1969
Sector Insurance
DESCRIPTION

Yurconic Agency is an independent insurance agency that offers a wide range of insurance products including auto, homeowners, motorcycles, business, workers’ compensation, medical malpractice, life, health, disability, and bonds. Yurconic Agency was formed in 1969 and is based in Allentown, Pennsylvania.

DEAL STATS #
Overall 2 of 3
Sector (Insurance) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Pennsylvania) 2 of 3
Country (United States) 2 of 3
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-10 Hazleton Insurance Center

Hazleton, Pennsylvania, United States

Hazleton Insurance Center is a provider of full range of insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-06 J L Davis Insurance

Gilbertsville, Pennsylvania, United States

J L Davis Insurance is an independent insurance agency that provides a range of insurance products and services, including auto, home, life, health, and business insurance. J L Davis Insurance is based in Gilbertsville, Pennsylvania.

Buy -
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