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Announced

Completed

Relation completed the acquisition of McGhee Insurance Northwest Arkansas.

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

auto insurance

Insurance Brokers

Completed

Friendly

United States

Domestic

Majority

Single Bidder

Acquisition

Synopsis

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Relation Insurance, a national insurance agency, completed the acquisition of McGhee Insurance Northwest Arkansas, an auto insurance agency. Financial terms were not disclosed. “We believe the culture at McGhee aligns perfectly with Relation and we have an excellent partner in Brandi McKinney to help drive growth throughout the region,” Russell Brown, Relation’s Chief Revenue Officer and President of Relation’s Central Region.

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