BRP Group Acquires Only Medicare Solutions
March 23, 2021
BRP Group, through its indirect subsidiary BRP Medicare Insurance III, LLC (doing business as Guided Medicare Solutions), entered into a definitive agreement to acquire substantially all assets of Tim Altman, Inc. (operating as Only Medicare Solutions), an Issaquah, Washington-based Medicare insurance agency. Only Medicare Solutions generated approximately $1.0 million in annual revenue and will be rebranded under the Guided banner following the transaction, which was expected to close April 1, 2021.
- Targets
- Only Medicare Solutions (Tim Altman, Inc.)
- Sellers
- Tim Altman, Inc.
- Industry
- Insurance
- Location
- Washington, United States
- Transaction Type
- Buyout
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