Operating Company Financial Services

Scottish American

Santa Ana, California, United States

Investment-backed insurance distribution platform that acquires and manages insurance agencies and managing general agencies (wholesaler/program manager operators across specialty lines and MGA models).

Focus Areas
Insurance Brokerage, Managing General Agency (MGA), Insurance wholesaler

Tracked deals

4

4 tracked deals across 2021-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

2 addon · 2 buyout

Scottish American Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Scottish American. 3 2021 1 2022

Supporting Data

Recent Transactions

  • Buyer
    Scottish American
    Target
    Brookside General Insurance Services, Inc.
    Industry
    Insurance
    Type
    Addon

    Scottish American acquired Brookside General Insurance Services, Inc. of Stockton, California on August 1, 2022; terms were not disclosed. Brookside General is a managing general agency and surplus lines broker specializing in transportation and commercial auto lines across California, Arizona and Texas, and the deal expands Scottish American's insurance distribution capabilities and West Coast footprint.

  • Buyer
    Scottish American
    Target
    Kaliff Insurance
    Industry
    Insurance
    Type
    Buyout

    Scottish American acquired Kaliff Insurance of San Antonio, Texas effective July 1, 2021; terms were not disclosed. Kaliff Insurance is a third-generation specialty insurance agency focused on festivals, fairs, parades, rodeos, carnivals and related event/amusement risks, and the acquisition expands Scottish American's portfolio of insurance distribution businesses.

  • Buyer
    Scottish American
    Target
    Fastcomp
    Industry
    Insurance
    Type
    Addon

    Scottish American acquired Fastcomp (Boston Heights, Ohio) on June 1, 2021; terms were not disclosed. Fastcomp operates a proprietary platform that streamlines placement of monoline workers' compensation for independent insurance agents, and Scottish American said the acquisition adds technology and distribution capability to its insurance distribution platform.

  • Buyer
    Scottish American
    Target
    Empire Underwriters LLC
    Type
    Buyout

    Scottish American acquired Empire Underwriters LLC, a Tampa-based national managing general agency and insurance wholesaler, effective May 1, 2021. The acquisition expands Scottish American's insurance distribution platform and capabilities across excess & surplus lines and program management; terms were not disclosed.

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