SAS Insurance Agency, Inc.

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SAS Insurance Agency, Inc. - overview

Established

1965

Location

-, NJ, US

Primary Industry

Insurance

About

Based in New Jersey, US, and founded in 1965 by Jeffrey C. Symeonides, SAS Insurance Agency operates as an insurance agency that offers a full range of insurance products. The company is led by Michael Symeonides, who purchased the business in 2002. In December 2021, World Insurance Associates LLC, a portfolio company of Charlesbank Capital Partners, acquired SAS Insurance Agency, Inc.


The SAS Insurance Agency, Inc. platform offers a full range of insurance products that includes Automobile insurance protects a customer's financial loss in the event of an accident by providing property, liability, and medical coverage; Homeowner insurance is a package policy that provides financial protection against disasters; business and commercial insurance that includes commercial auto, commercial property, general liability, and workers' compensation; life insurance, which falls into two categories: term insurance and permanent insurance; and flood insurance.


Current Investors

World Insurance Associates, LLC

Primary Industry

Insurance

Sub Industries

Commercial Insurance, Insurance Intermediaries, Life Insurance

Website

www.sasinsurance.com

Verticals

InsureTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

SAS Insurance Agency, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSAS Insurance Agency, Inc.-

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