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New Deal


Announced

Inszone Insurance to acquire Brumfield & Peters Insurance Services.

Financials

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

Tags

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Private

United States

Acquisition

insurance

Pending

Majority

Single Bidder

insurance services

Friendly

Full Line Insurance

Synopsis

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Inszone Insurance, the national provider of personal and commercial lines insurance, agreed to acquire Brumfield & Peters Insurance Services, which provides personal and commercial insurance services. Financial terms were not disclosed. “Our roots are deep in California, we are proud to be growing in our home state with the acquisition of Brumfield & Peters. The change is a win-win for customers of Brumfield & Peters. In addition to continuing to receive personal attention from local insurance professionals, customers will have access to the expanded market options provided by Inszone’s wider market reach, allowing for better options and faster service,” Norm Hudson, Inszone Insurance Services CEO.

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