logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Amwins completes acquisition of Kilpatrick Companies to enhance Amwins Connect's multi-state footprint

Jun 03, 2024over 1 year ago

Acquiring Company

Amwins

Acquired Company

Kilpatrick Companies

CharlotteHoustonHuman ResourcesEmployee Benefits

Description

Amwins, a leading global distributor of specialty insurance products and services, has announced its acquisition of Kilpatrick Companies, a prominent Houston-based general agency specializing in employee and individual benefits. Kilpatrick will join Amwins Connect, a national general agency, to provide a comprehensive range of health and ancillary insurance solutions to brokers and consultants across the U.S. This acquisition aims to enhance Amwins Connect's multi-state footprint and expand its offering to Texas brokers, carriers, and their partners.

Company Information

Company

Amwins

Location

Charlotte, North Carolina, United States

About

Amwins is the largest independent wholesale distributor of specialty insurance products in the United States, dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. Based in Charlotte, N.C., the company operates through more than 155 offices globally and handles premium placements in excess of $23 billion annually. To learn more, visit www.amwins.com.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

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