Compass Group Insurance, LLC
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Compass Group Insurance, LLC - overview
Established
2006
Location
Fernandina Beach, FL, US
Primary Industry
Insurance
About
Based in Florida, US, and founded in 2017, Compass Group Insurance, LLC operates as a full-service insurance marketing organization. In September 2022, the firm was acquired by Integrity Marketing Group LLC, a portfolio company of Harvest Partners and Silver Lake. The company as of September 2022, has nearly 1,000 agents across the US, has served 55,000 clients, and is led by its founder and president, Nestor Sala. The company primarily supports insurance agents by helping seniors navigate insurance options.
The firm’s broker portal with the quoting and enrolment system access help brokers to serve their customers and build the business, through different tools like contracting, training, quoting tool, and other support and supplies tools. Compass Group’s products and services include medicare supplements, medicare advantage, health insurance, hospital indemnity, vision and dental, and prescription drug plans. The September 2022 acquisition will support Compass Group to scale its product offerings and expand into new markets by leveraging Integrity's platform of insurtech solutions.
Current Investors
Harvest Partners, Silver Lake, Integrity Marketing Group LLC
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries
Website
www.compassgroupinsurance.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Compass Group Insurance, LLC - 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 | Compass Group Insurance, LLC | - |
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