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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