.
MergerLinks Header Logo

New Deal


Announced

Keystone Agency Investors to acquire The Seltzer Group.

Financials

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

Tags

Edit

Pending

reinsurance solutions

Insurance Brokers

Acquisition

Private Equity

Single Bidder

Private

Majority

United States

Friendly

Synopsis

Edit

Keystone Agency Investors, a new strategic partnership formed by Keystone Insurers Group and Bain Capital Credit, agreed to acquire The Seltzer Group, a custom insurance solutions provider. Financial terms were not disclosed. “As an independent agency with decades of experience creating customized client solutions, The Seltzer Group has grown from one location in eastern Pennsylvania to eight locations and with KAI, they are well-positioned to continue that growth trajectory. We look forward to partnering with the Seltzer leadership team to unlock growth opportunities as they continue to provide clients with a unique concierge experience,” David E. Boedker, Sr., KAI CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US