NFP Acquires Diversified Brokerage Services (DBS)
April 10, 2023
NFP has acquired Diversified Brokerage Services, Inc. (DBS), a Minneapolis-based life insurance brokerage and one of the largest BGAs in the United States. The acquisition expands NFP's life insurance distribution capabilities and adds DBS's enterprise relationships with broker-dealers, wirehouses and RIAs; DBS principals George 'Chip' Van Dusen IV and Tori Van Dusen-Roos will join NFP.
- Buyers
- NFP
- Targets
- Diversified Brokerage Services, Inc.
- Industry
- Insurance
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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