Heffernan Insurance Brokers completes acquisition of Costello Insurance Associates to expand aviation specialty services
Acquiring Company
Heffernan Insurance Brokers
Acquired Company
Costello Insurance Associates
Walnut CreekTempeInsuranceTravelInsuranceDescription
Heffernan Insurance Brokers, one of the largest independent insurance brokerage firms in the United States, has acquired Costello Insurance Associates, adding aviation expertise to its suite of services. Costello Insurance Associates, based in Tempe, Arizona, joined as Heffernan's aviation specialty practice effective May 1, 2024. The acquisition aims to further enhance the range and quality of services offered by Heffernan in the field of aviation insurance.
Quick answer
Heffernan Insurance Brokers is acquiring Costello Insurance Associates, announced July 9, 2024. Heffernan Insurance Brokers is based in Walnut Creek, California, United States.
- How much did Heffernan Insurance Brokers pay for Costello Insurance Associates?
- The deal value was not disclosed.
- What does Heffernan Insurance Brokers do?
- Heffernan Insurance Brokers, founded in 1988, is one of the largest independent insurance brokerage firms in the United States providing comprehensive business insurance, personal insurance, employee benefits and..
- Where are Heffernan Insurance Brokers and Costello Insurance Associates based?
- Heffernan Insurance Brokers is based in Walnut Creek, California, United States. Costello Insurance Associates is based in Tempe, Arizona, United States.
- Who are the decision-makers at Heffernan Insurance Brokers?
- Fundz holds 1 contact at Heffernan Insurance Brokers. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Insurance and Travel
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- NSM Insurance Group completes acquisition of InsurEvo Group (AllClear and InsureandGo) to expand travel insurance portfolio (August 16, 2024)
- PCF Insurance Services completes strategic acquisitions of Ignitist, The Brady Agency, Roseberry Insurance Agency, and The Sinnott Agency (June 24, 2024)
- NSM Insurance Group completes acquisition of InsurEVO (AllClear and InsureandGo) to strengthen global presence in travel insurance (May 29, 2024)
- Liva Group to potentially merge Liva KSA with Malath Cooperative Insurance Company to expand presence in Saudi Arabia (August 22, 2024)
- Liva Insurance Company and Malath Insurance to Evaluate Potential Merger (August 22, 2024)
- ZIGExN acquires Tokyo-based Hoken Mammoth to expand life service platform (August 22, 2024)
Who to call at Heffernan Insurance Brokers, and when
When Heffernan Insurance Brokers changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Heffernan Insurance Brokers raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Heffernan Insurance Brokers, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Heffernan Insurance Brokers. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Heffernan Insurance Brokers makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Costello Insurance Associates?
Costello Insurance Associates was acquired by Heffernan Insurance Brokers, based in Walnut Creek. The deal was reported on July 9, 2024. Heffernan Insurance Brokers is privately held and operates in Insurance.
When did Heffernan Insurance Brokers acquire Costello Insurance Associates?
Heffernan Insurance Brokers's acquisition of Costello Insurance Associates was reported on July 9, 2024. Heffernan Insurance Brokers, one of the largest independent insurance brokerage firms in the United States, has acquired Costello Insurance Associates, adding aviation expertise to its suite of services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Costello Insurance Associates do?
Costello Insurance Associates is an agency specializing in aviation insurance, founded by pilot and flight instructor Pat Costello in 1991. It is privately held, operating in Travel, and is based in Tempe.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.