AssuredPartners buys People’s United insurance brokerage for $120mnUS independent insurance agency AssuredPartners has announced a deal to buy the insurance brokerage subsidiary of People’s United Bank for $120mn.
AssuredPartners buys Seattle-based professional liability brokerAssuredPartners has acquired Seattle, Washington-based Mainstreet Financial Services, which has a team of 11 professional liability specialists and reports $2mn in annualised revenues.
AssuredPartners makes 25th acquisition of year with Illinois buyAssuredPartners has acquired Illinois-based surety broker Dohn & Maher Associates, its 25th acquisition of 2020.
AssuredPartners buys another California agencyUS broker AssuredPartners has acquired Hatter Williams & Purdy Insurance Marketing, its second announcement of a California-based agency buy in the past week.
AssuredPartners buys New York-based ENVAssuredPartners has acquired ENV Property & Casualty, which is based in Liverpool, New York.
AssuredPartners makes 20th acquisition of 2020AssuredPartners has acquired Cambridge, Massachusetts-based WTPhelan & Co Insurance Agency, which has $18mn in annualised revenues.
AssuredPartners buys Illinois agency with $8mn in revenuesAssuredPartners has continued to rack up M&A in 2020 with its latest deal being the acquisition of Rand-Tec Insurance Agency, an Illinois-based agency that reports $8mn in annualised revenues.
AssuredPartners raises $300mn debt as run-rate revenues pass $1.5bnRetail broker consolidator AssuredPartners went to the capital markets late last month for a new $300mn term loan in what it saw as an attractive window to provide a buffer against economic headwinds and to continue pursuing a still active pipeline of opportunities.