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Announced

Completed

AssuredPartners completed the acquisition of CIA Insurance.

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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United Kingdom

insurance services

Insurance Brokers

Acquisition

Majority

Private

Cross Border

Completed

Friendly

Single Bidder

Synopsis

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AssuredPartners, an insurance brokerage firm, completed the acquisition of CIA Insurance, an insurance services provider. Financial terms were not disclosed. “We are extremely happy to welcome CIA Insurance to our rapidly expanding group of partner companies. Over the last several years, management and the wider team have demonstrated the ability to operate a highly successful company, and we look forward to working with all members of the team as they take the company to the next level with the support of our group resources," David Heathfield, AssuredPartners CEO.

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