Mackintire Insurance Agency, Inc.
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Mackintire Insurance Agency, Inc. - overview
Established
1991
Location
Westborough, MA, US
Primary Industry
Insurance
About
Mackintire Insurance Agency, Inc. is a specialized provider of comprehensive insurance solutions aimed at addressing the unique needs of individuals and businesses across various sectors. Founded in 1991, Mackintire Insurance Agency, Inc. operates from Westborough, US, delivering tailored insurance services.
The company was acquired by The Hilb Group, LLC, a portfolio company of ABRY Partners, in December 2018. Bob Hilb, a seasoned entrepreneur, founded the agency to cater to specific market needs, bringing his expertise from prior ventures. Alisha Chen serves as the CEO, leading the company's strategic direction. Mackintire Insurance Agency, Inc.
focuses on delivering a comprehensive suite of insurance solutions, including commercial insurance, personal insurance, employee benefits consulting, and HR consulting services. The firm integrates expertise from established agencies to custom-fit insurance programs for sectors such as construction, healthcare, hospitality, and non-profit organizations, effectively simplifying the insurance process for clients throughout the United States. Mackintire Insurance Agency, Inc. generates revenue through direct engagements with clients in various insurance sectors, primarily on a business-to-business (B2B) basis.
The company's revenue model includes both one-time service fees and ongoing partnership agreements, with tailored insurance packages and consulting services structured to meet the specific complexities of each client. Looking ahead, Mackintire Insurance Agency, Inc. plans to expand its service offerings and enter new geographic markets. The company is currently designing new insurance products tailored to emerging client needs, with specific launch dates to be determined.
The acquisition by The Hilb Group in December 2018, although financial terms were not disclosed, is expected to bolster Mackintire's market presence and resources for executing these growth initiatives.
Current Investors
The Hilb Group, LLC
Primary Industry
Insurance
Sub Industries
Commercial Insurance, Personal Insurance
Website
www.mackintire.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Mackintire 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 | Mackintire Insurance Agency, Inc. | - |
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