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New Deal


Announced

Integrity Marketing to acquire PHP Agency from Ambina Partners.

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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insurance brokerage

Private

Pending

Acquisition

Domestic

Friendly

Single Bidder

Majority

United States

Insurance Brokers

Private Equity

Synopsis

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Integrity Marketing, a distributor of life and health insurance, and provider of wealth management and retirement planning solutions, agreed to acquire PHP Agency, an operator of insurance brokerage and financial services marketing company, from Ambina Partners, a private equity firm. Financial terms were not disclosed. "Patrick Bet-David is the embodiment of the American dream. He has inspired thousands of agents to become entrepreneurs, founders and leaders, all while building an agency that is reshaping the face of insurance. This type of leadership is a rare gift, and we're privileged to have Patrick join us in our mission to innovate the industry," Bryan W. Adams, Integrity Co-Founder and CEO.

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