Acquiring Company
Palomar Holdings
Acquired Company
Advanced AgProtection
La JollaTexasInsuranceAgriculture and FarmingInsuranceDescription
Palomar Holdings, Inc. has announced a definitive agreement to acquire Advanced AgProtection. This acquisition follows a strategic investment made by Palomar in AAP in 2023. The deal is expected to close in the second quarter of 2025. This move will help Palomar enhance its Crop insurance capabilities.
Quick answer
Palomar Holdings is acquiring Advanced AgProtection, announced March 20, 2025. Palomar Holdings is based in La Jolla, California, United States.
- How much did Palomar Holdings pay for Advanced AgProtection?
- The deal value was not disclosed.
- What does Palomar Holdings do?
- Palomar Holdings, Inc. is an innovative insurance holding company serving residential and commercial clients in specialty markets, including earthquake insurance.
- Where are Palomar Holdings and Advanced AgProtection based?
- Palomar Holdings is based in La Jolla, California, United States. Advanced AgProtection is based in Texas, United States.
- Who are the decision-makers at Palomar Holdings?
- Fundz holds 1 contact at Palomar Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Advanced AgProtection?
Advanced AgProtection was acquired by Palomar Holdings, based in La Jolla. The deal was reported on March 20, 2025. Palomar Holdings, Inc. is an innovative insurance holding company serving residential and commercial clients in specialty markets, including earthquake insurance. Palomar Holdings is publicly traded (PLMR) and operates in Insurance.
When did Palomar Holdings acquire Advanced AgProtection?
Palomar Holdings's acquisition of Advanced AgProtection was reported on March 20, 2025. Palomar Holdings, Inc. has announced a definitive agreement to acquire Advanced AgProtection. This acquisition follows a strategic investment made by Palomar in AAP in 2023. The deal is expected to close in the second quarter of 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Advanced AgProtection do?
Advanced AgProtection is a specialized Crop Managing General Agent with a focus on the insurance sector. It comprises industry veterans with established relationships in Crop insurance. It is privately held, operating in Agriculture and Farming, and is based in Texas.
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