Inszone Insurance Services Expands into Entertainment Insurance with Truman Van Dyke Company Acquisition
Feb 15, 2024•almost 2 years ago
Acquiring Company
Inszone Insurance Services
Acquired Company
Truman Van Dyke Company
Description
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, has announced its acquisition of Truman Van Dyke Company, a leading entertainment insurance agency. This strategic move marks Inszone's commitment to providing specialized and comprehensive insurance solutions, expanding its portfolio to become a significant player in delivering tailored insurance solutions to the entertainment sector.
M&A Insights
Based on deal dataIntegration 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