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New Deal


Announced

Completed

Relation Insurance completed the acquisition of Allen Insurance Group.

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

Cross Border

Single Bidder

Georgia

Completed

Acquisition

insurance products

Friendly

Insurance Brokers

Majority

Synopsis

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Relation Insurance, an insurance agency, completed the acquisition of Allen Insurance Group, a provider of commercial lines insurance solutions. Financial terms were not disclosed. “We are thrilled to welcome Gary, Tricia and the entire Allen team to the Relation family. They are experts in the trucking & transportation industry, and we’re excited to partner and grow their presence across Relation and throughout the country," Tim Hall, Relation Executive Vice President and Head of M&A.

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