Smith-Reiss Agency, Inc.
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Smith-Reiss Agency, Inc. - overview
Established
1928
Location
North Canton, OH, US
Primary Industry
Insurance
About
Based in Ohio, US, and founded in 1928 by Kenneth C Smith, Smith-Reiss Agency, Inc. , a. k. a.
Smith-Reiss operates as an independent insurance agency that intends to sell multiple insurance coverages from different companies. In September 2021, AssuredPartners, Inc. , a portfolio company of GTCR, Apax Partners, and HarbourVest Partners, acquired Smith-Reiss Agency, Inc. The company provides a wide range of insurance products, including auto insurance, commercial auto insurance, general liability, homeowners insurance, life insurance, and renters’ insurance from multiple insurance companies, such as Grange Insurance, The Hanover Insurance Group, Safeco Insurance, Progressive, and more to both individuals and business sectors.
Current Investors
AssuredPartners, Inc.
Primary Industry
Insurance
Sub Industries
e-Financial, Claims Administration & Processing, Commercial Insurance, Insurance Intermediaries, Life Insurance
Website
www.smithreiss.com
Verticals
InsureTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Smith-Reiss 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 | Smith-Reiss Agency, Inc. | - |
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Smith-Reiss Agency, Inc. - employee data
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