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Agencybloc Acquires Radius To Provide Enhanced Capabilities For Benefits Brokers

PRIVATEFeb 01, 2023

Acquiring Company

AgencyBloc

Acquired Company

Radius

AdvertisingSales And MarketingCRMMarketingBiotechnologyHealth CareMedicalTherapeuticsPharmaceutical

Description

AgencyBloc, the leading agency management system (AMS) solution provider for independent life and health insurance agencies, today announced the strategic acquisition of Radius, a growing and innovative provider of sales enablement solutions supporting life and health insurance brokers. This acquisition is part of AgencyBloc’s strategic vision and commitment to the industry, and significantly expands AgencyBloc’s sales enablement capabilities.

Quick answer

AgencyBloc is acquiring Radius, announced February 1, 2023.

How much did AgencyBloc pay for Radius?
The deal value was not disclosed.
What does AgencyBloc do?
AgencyBloc is the #1 agency recommended management system, helping insurance agencies secure and grow their business with an industry-specific CRM, a unique commissions processing module and an integrated marketing..

Source: Fundz verified event record.

Other recent acquisitions in Advertising and Sales And Marketing

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

AgencyBloc

About

AgencyBloc is the #1 agency recommended management system, helping insurance agencies secure and grow their business with an industry-specific CRM, a unique commissions processing module and an integrated marketing automation and sales pipeline tool. Headquartered in Cedar Falls, IA, AgencyBloc was founded in 2008.

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Frequently asked

Who acquired Radius?

Radius was acquired by AgencyBloc. The deal was reported on February 1, 2023. AgencyBloc is privately held and operates in Advertising.

When did AgencyBloc acquire Radius?

AgencyBloc's acquisition of Radius was reported on February 1, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Radius do?

Radius is a global biopharmaceutical company focused on addressing unmet medical needs in the areas of bone health, neuro- orphan diseases, and oncology. Radius’ lead product, TYMLOS® (abaloparatide) injection, was approved by the U.S. It is privately held, operating in Biotechnology.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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