.
MergerLinks Header Logo

New Deal


Announced

Completed

Simplicity completed the acquisition of IMS Associates.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Insurance Brokers

Private

insurance brokerage

Majority

Single Bidder

brokerage general agency

Acquisition

Domestic

Completed

Friendly

Synopsis

Edit

Simplicity, a financial product distribution company, completed the acquisition of IMS Associates, a brokerage general agency based in Orange County. Financial terms were not disclosed. "Sean and the entire IMS team will make a great addition to Simplicity. Their growth-minded approach and dedication to service has made them a success since IMS was founded by Brent Giroux in 1986. With a strong, young leader like Sean driving the business forward, we look forward to working together to help streamline efficiencies, add resources for their agents, and continue to expand their business," Bruce Donaldson, Simplicity President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US