LAKE MARY, Fla. (PRWEB) December 13, 2013
AssuredPartners Inc., through its Dawson Companies platform, has acquired Evans Insurance Agency, Inc. The agency specializes in business insurance, including workers’ compensation, liability and group employee benefit plans; personal insurance, including home, automobile and renters’ insurance; and life and health services, including life insurance, long-term care and estate planning.
Since its founding in 1876, Evans Insurance Agency has grown from local roots to become one of the largest agencies in the Akron area. The firm reports approximately $2 million in revenue.
“Our culture of client service and advocacy drives our business decisions. As part of Dawson Companies and AssuredPartners, we join a network of talented agencies that offer many new insurance options for our clients,” said Steve Shechter, President of Evans Insurance Agency. “We are excited to get to know our Dawson Companies colleagues, and continue to provide the trusted services our clients expect.”
“The Evans Insurance Agency shares our mission of putting clients first. Our common goal of superior service will make the transition process seamless for both Evans Insurance Agency employees and customers,” said Mike Sherman, CEO of the Dawson Companies. “We look forward to working with the Evans Insurance Agency team.”
As part of the acquisition, 18 Evans Insurance Agency employees will join Dawson Companies. The agency will continue to operate in its Akron and Dover, Ohio locations.
“With 18 acquisitions in 2013, we look for talented firms with knowledgeable staffs and a focus on excellent client service. The Evans Insurance Agency is known in the Akron community for their expertise and commitment to their clients,” said Tom Riley, President and COO of AssuredPartners, Inc. “We welcome the Evans Insurance Agency to the AssuredPartners family of agencies.”
New York-based Harbinger Ventures Group, Inc. served as the advisor on the seller’s side of this transaction. For more information about Evans Insurance Agency, Inc., please visit: http://www.evansagency.com/.
ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc., a portfolio company of Chicago-based private equity firm GTCR, acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety, MGA/wholesalers) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to approximately $280 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with more than 80 offices in 24 states and a London office. Since 2011, AssuredPartners has acquired more than 45 insurance firms. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis(at)assuredptr(dot)com, or visit http://www.assuredptr.com.