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Heffernan Network Insurance Brokers Acquires The Bon Agency

PRIVATEJan 03, 2023

Acquiring Company

Heffernan Network Insurance Brokers

Acquired Company

The Bon Agency

Employee BenefitsInsurance

Description

Heffernan Network Insurance Brokers, a subsidiary of Heffernan Insurance Brokers providing market access and support services to local insurance agencies, has acquired The Bon Agency located in Clearfield, UT. President Kyle Corbridge and vice president Matthew Tanner joined Heffernan Network, along with 12 of their team members, effective November 1, 2022.

Quick answer

Heffernan Network Insurance Brokers is acquiring The Bon Agency, announced January 3, 2023.

How much did Heffernan Network Insurance Brokers pay for The Bon Agency?
The deal value was not disclosed.
What does Heffernan Network Insurance Brokers do?
Heffernan Network Insurance Brokers, Inc., formed in 2017, helps small independent agencies grow by providing exceptional market access, new business fulfillment, back-office support, and technology solutions to help..

Source: Fundz verified event record.

Other recent acquisitions in Employee Benefits and Insurance

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

Heffernan Network Insurance Brokers

About

Heffernan Network Insurance Brokers, Inc., formed in 2017, helps small independent agencies grow by providing exceptional market access, new business fulfillment, back-office support, and technology solutions to help improve efficiency as well as initiate revenue streams outside their core competencies (i.e. employee benefits, life insurance, personal lines, and property & casualty). For those agents nearing retirement, HNIB also offers an exit strategy solution. For more information, visit HeffNetwork.com License #0L59890 SOURCE Heffernan Network Insurance Brokers

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Frequently asked

Who acquired The Bon Agency?

The Bon Agency was acquired by Heffernan Network Insurance Brokers. The deal was reported on January 3, 2023. Heffernan Network Insurance Brokers is privately held and operates in Employee Benefits.

When did Heffernan Network Insurance Brokers acquire The Bon Agency?

Heffernan Network Insurance Brokers's acquisition of The Bon Agency was reported on January 3, 2023. Heffernan Network Insurance Brokers, a subsidiary of Heffernan Insurance Brokers providing market access and support services to local insurance agencies, has acquired The Bon Agency located in Clearfield, UT. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Bon Agency do?

Since 1895, The Bon Agency Insurance has been offering full-service personal and business insurance solutions throughout WY and UT. Get a quote! It is privately held.

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

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