AssuredPartners Acquires Midwest Group Benefits, Inc.

May 9, 2022

AssuredPartners, Inc., a national insurance broker based in Lake Mary, Florida, announced the acquisition of Midwest Group Benefits, Inc. of Decorah, Iowa. The Midwest Group Benefits team of 10 — led by Sara Hotvedt — will join AssuredPartners; the agency reports approximately $1.1 million in annualized revenues and the deal expands AssuredPartners' employee benefits presence in Iowa and the Great Plains region.

Buyers
AssuredPartners, Inc.
Targets
Midwest Group Benefits, Inc.
Industry
Insurance
Location
Iowa, United States
Transaction Type
Buyout

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