Sunstar Insurance Group Acquires Renasant Insurance (now Sunstar Insurance Services)
July 1, 2024
Sunstar Insurance Group, a regionally focused insurance broker based in Memphis, Tennessee, acquired the assets of Renasant Insurance, Inc. from Renasant Corporation effective July 1, 2024. Renasant Insurance will rebrand as Sunstar Insurance Services, with all leadership and employees joining Sunstar as the acquisition provides Sunstar its first agency presence in Mississippi and expands its products and services in the region.
- Buyers
- Sunstar Insurance Group, LLC
- Targets
- Renasant Insurance, Inc.
- Sellers
- Renasant Corporation, Renasant Bank
- Industry
- Insurance
- Location
- Mississippi, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Reverence Capital Partners Acquires Majority Stake in Sunstar Insurance Group
July 1, 2024
Insurance
Reverence Capital Partners has agreed to acquire a majority stake in Sunstar Insurance Group, a Memphis-based independent retail insurance broker focused on Commercial P&C, Personal P&C and Employee Benefits. Sunstar’s management will remain in place and roll a material portion of proceeds, while Reverence will provide capital and support to accelerate Sunstar’s organic growth and tuck-in acquisitions across the Southeast and Midwest.
-
Sunstar Insurance Group Acquires Campbell & Company Insurance
August 9, 2021
Insurance
Sunstar Insurance Group has partnered with/acquired Campbell & Company Insurance, adding the Camden-based agency to its Arkansas footprint. Jim Black will join the Sunstar Arkansas executive team and the deal expands Sunstar Arkansas to 87 employees across 12 locations; financial terms were not disclosed.
-
Sunstar Insurance Group Recapitalized by BBH Capital Partners
June 30, 2020
Insurance
Sunstar Insurance Group completed a majority recapitalization with BBH Capital Partners, with Sunstar management and key employees remaining significant shareholders. The investment provides capital to accelerate Sunstar's organic growth and M&A strategy; LNC Partners will remain a lender and Piper Sandler served as Sunstar's exclusive financial advisor.
-
Inszone Insurance Services Acquires Starline Insurance Group
May 31, 2023
Insurance
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Starline Insurance Group, a Bay Area agency headquartered in San Jose, California. The deal expands Inszone's geographic footprint and resources in California, integrating Starline's personal and commercial lines expertise into Inszone's multi-location platform while preserving client service continuity.
-
Higginbotham Acquires TrustStar Insurance Services in Universal City, Texas
December 12, 2022
Insurance
Higginbotham has acquired TrustStar Insurance Services, an independent property/casualty agency based in Universal City, Texas, marking Higginbotham's entry into that market. The deal brings TrustStar's team and local client relationships into Higginbotham's platform and expands Higginbotham's ability to offer employee benefits and HR outsourcing services in Central Texas.
-
Inszone Insurance Services Acquires Texstar Insurance Services Inc.
March 10, 2022
Insurance
Inszone Insurance Services, a PE-backed national insurance brokerage, has acquired Texstar Insurance Services Inc., a family-run agency based in Lakeway, Texas. The deal is an add-on to Inszone’s roll-up strategy to expand its personal and commercial lines presence in Texas.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.