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New Deal


Announced

Completed

AgencyBloc completed the acquisition of FormFire.

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

Friendly

Software

Majority

insurance software

Domestic

Completed

Acquisition

United States

Single Bidder

Synopsis

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AgencyBloc, an agency management system that helps life and health insurance agencies secure and grow their business with an industry-specific CRM, completed the acquisition of FormFire, a company in bringing digital online processes to the paperbound world of Small Group health insurance quoting. Financial terms were not disclosed. “We have seen the expertise that AgencyBloc brings to the table and it has been clear from the start that we are aligned in our shared mission to streamline operational processes for our broker and carrier customers. We are very excited to move forward with the team and for all that we will accomplish together,” Colin Ingram, FormFire CEO.

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