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Relation Insurance Services Acquires Laird Insurance Agency

Jan 18, 2023•over 2 years ago

Acquiring Company

Relation Insurance

Acquired Company

Laird Insurance Agency

Walnut Creek

Description

Relation Insurance Services, Inc. (“Relation”) has acquired the assets of Laird Insurance Agency (“Laird”). The transaction went into effect on January 3, 2023; terms of the transaction were not disclosed.

Company Information

Company

Relation Insurance

Location

Walnut Creek, California, United States

About

Relation Insurance is an insurance brokerage that offers superior risk management and benefits consulting services across the United States. It is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and has approximately 1,300 employees across more than 130 locations nationwide. Relation is backed by Aquiline Capital Partners, a private investment firm based in New York and London investing in businesses globally across financial services and technology. Visit: www.relationinsurance.com for more information.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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