Transactions

Focused on the crossroads of insurance,
healthcare services, investment services,
and the technologies that serve those sectors.
Dealey, Renton & Associates
was acquired by
Assured Partners, Inc.
a portfolio company of
Apax Partners
Financial advisor to Dealey, Renton & Associates February 2017
AssuredPartners Announces Acquisition of Dealey, Renton & Associates
Industry: Insurance
Type: Sell-Side M&A

Expansion in California for National Insurance Broker

AssuredPartners, Inc. is pleased to announce the acquisition of Dealey, Renton & Associates Insurance Brokers (DRA) located in Oakland, CA.  DRA has proudly served the needs of clients throughout California since 1950.  DRA specializes in working with architects, engineers, environmental consultants and related professionals along with lawyers and insurance agents and brokers.  The team of 78 at DRA’s three California Offices (Oakland, Pasadena and Santa Ana) will continue operations under the leadership of President Morgan West.  DRA reports approximately $17.0 million in revenues.

“DRA partners with each client to develop risk management and insurance solutions specific to the requirements of individual firms, their risk tolerance and contractual requirements.  Our professional liability, property & casualty and benefits specialists draw on many years of relevant experience in serving the needs of our clients.” said DRA President Morgan West. "We’re thrilled to join forces with AssuredPartners and continue to expand opportunities to serve more clients and team members.”

“This newly formed partnership is strategically complementary for both parties and will add value and expertise along the West coast in our professional liability sector.” stated Tom Riley, President and COO of AssuredPartners. “DRA brings a great reputation and innovative solutions to the marketplace and we are pleased to expand further into California with our new partners.  We welcome the clients and staff of DRA to AssuredPartners."