AGM Insurance Agency, Inc.
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AGM Insurance Agency, Inc. - overview
Established
1989
Location
Fort Lauderdale, FL, US
Primary Industry
Insurance
About
AGM Insurance Agency, Inc. offers a range of specialized insurance solutions, focusing on tailored home, auto, business, and life insurance for diverse clientele across the United States. Founded in 1989, AGM Insurance Agency, Inc. is based in Fort Lauderdale, US.
The company specializes in providing insurance products and services. In December 2021, AGM was acquired by King Insurance, a portfolio company of BHMS Investments, aiming to enhance market reach and footprint. AGM Insurance Agency, Inc. provides comprehensive insurance solutions, including home, auto, business, and life insurance policies.
They emphasize individualized coverage tailored to clients' specific needs, with a strong local agent network across the Eastern and Southeastern US, ensuring expert guidance in risk management. AGM Insurance Agency, Inc. generates revenue through the sale of insurance policies to consumers and businesses, primarily on a commission basis. They focus on providing tailored quotes based on individual risk assessments, facilitating bundling of policies to enhance savings for clients, while maintaining relationships with various insurance carriers.
Following the acquisition by King Insurance on December 21, 2021, AGM Insurance Agency, Inc. plans to utilize this strategic move to access new markets and expand its operational footprint. The company is focusing on enhancing its product offerings and aims to reach additional geographic regions through this growth initiative.
Current Investors
King Risk Partners
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.agmins.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
AGM Insurance Agency, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | AGM Insurance Agency, Inc. | - |
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