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Announced

Completed

Inszone Insurance Services completed the acquisition of Trucking Insurance & Accounting.

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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Single Bidder

Acquisition

insurance brokerage

Private

Friendly

United States

Majority

Insurance Brokers

Completed

Domestic

Synopsis

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Inszone Insurance Services, a provider of benefits, personal and commercial lines insurance, completed the acquisition of Trucking Insurance & Accounting, a full-service insurance brokerage firm. Financial terms were not disclosed. “Trucking Insurance & Accounting provided more than just insurance to the trucking industry, they provided a dedicated resource keeping their best interest in mind. We look forward to continuing that same value to the industry, while also being able to provide more resources through the power of having a larger agency to back you," Norm Hudson, Inszone Insurance CEO.

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