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Announced

Completed

Odyssey Investment Partners completed the acquisition of SIAA.

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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Acquisition

Private Equity

Majority

Single Bidder

Insurance Brokers

Private

insurance

business insurance

United States

Friendly

Domestic

Completed

Synopsis

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Odyssey Investment Partners, a growth-oriented private equity firm with a successful track record in insurance services, completed the acquisition of Strategic Insurance Agency Alliance, an alliance of independent insurance agencies. Financial terms were not disclosed. "We've been exploring our perpetuation options for some time now, with special consideration to the ongoing success of our master agencies and member agencies across the country. This transaction provides for the continued success of our model and all who participate in it," Jim Masiello, SIAA Chairman and Founder.

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