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Announced

McNeil & Company to acquire Bonding & Insurance Specialists Agency.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Majority

Single Bidder

United States

Insurance Brokers

Private

Acquisition

Pending

insurance products

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Synopsis

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McNeil & Company, a provider of specialized risk assessment and insurance, agreed to acquire Bonding & Insurance Specialists Agency, a firm providing insurance products in the environmental and restoration industries. Financial terms were not disclosed. “We have long admired BISA for being the nation’s longest continual environmental insurance program manager with a wealth of experience in the environmental and restoration sectors. Our companies share similar values: we have been family-owned and operated businesses for many years and we both take pride in putting the customer first. We are confident this acquisition will have mutual benefits, allowing McNeil to expand its program offerings while providing more resources to BISA programs,” Daniel F. McNeil, Founder and President of McNeil & Company.

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