2012 | Press Release

Mar 30, 2012 – AssuredPartners acquires Arison Insurance Services

AssuredPartners acquires Arison Insurance Services
Mar 30, 2012 – AssuredPartners, Inc., through a subsidiary, Assured NL Insurance
Agency, Inc. doing business as Neace Lukens, has acquired substantially all of the assets
of Arison Insurance Services, Inc., based in Louisville, Kentucky.
Arison Insurance Services, with annual revenues approaching $5 million, is one of the
premier employee benefits agencies in the Commonwealth of Kentucky, providing a
wide-range of employee benefits products and related services to clients throughout
Kentucky.
The Arison operations will be aligned with Neace Lukens’ existing offices in Kentucky,
in terms of geography, client focus and product offerings. Tom Riley, President and Chief
Operating Officer of AssuredPartners, Inc. stated, “This acquisition is a prime example of
the resources and capabilities that we bring to agencies that partner with us. Arison will
add efficiencies and scale to the already stellar benefits team at Neace Lukens.” John
Neace, Chairman of Neace Lukens remarked, “With its strength in the employee benefits
space, Arison was an attractive partner for Neace Lukens. This acquisition will allow us
to grow our reach in Kentucky and add expertise to our team of employee benefits
specialists.”
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley,
AssuredPartners Inc., a portfolio company of Chicago-based private equity firm GTCR,
acquires and invests in property and casualty and employee benefits brokerage businesses
across the country. After just twelve months of operations, AssuredPartners has
approximately $170 million in annualized revenue and continues to be one of the fastest
growing insurance brokerage firms in the United States. For more information, please
contact Dean Curtis, CFO, at (407) 708-0031 or dcurtis@assuredptr.com, or visit
www.assuredptr.com.
Mystic Capital Advisors Group, LLC provided transaction advisory services to
AssuredPartners on the deal. For more information on Mystic Capital, please contact
Kevin P. Donoghue at 212-251-0972 or visit www.mysticcapital.com .
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