Suncoast Insurance Associates, Inc.

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Suncoast Insurance Associates, Inc. - overview

Established

1975

Location

Tampa, FL, US

Primary Industry

Insurance

About

Suncoast Insurance Associates, Inc. is a specialized provider of domain name sales and leasing, focused on delivering streamlined online presence solutions for businesses and individuals. Founded in 1975 and headquartered in Tampa, US, Suncoast Insurance Associates, Inc. operates in the domain name market.


The company has remained consistent in its business strategy, focusing on premium domain offerings without any known pivots or changes. Suncoast was acquired by USI Holdings Corporation, a company within Goldman Sachs Merchant Banking Division, in August 2012. Financial terms for this acquisition were not disclosed. Suncoastins.


com specializes in the sale and lease of premium domain names, targeting individuals and businesses seeking a strong online presence. The company provides a streamlined purchasing process that includes secure payments, transaction support, and easy transfer mechanisms. Customers can buy domain names outright for USD 3,495 or choose a lease-to-own option for USD 296 per month, making services accessible for small to medium-sized enterprises, startups, and individuals across various markets. Suncoastins.


com generates revenue through direct sales and lease agreements for its domain names. The pricing structure allows customers to engage either through a direct purchase for USD 3,495 or a lease-to-own plan costing USD 296 per month. This dual approach appeals to a broad spectrum of clients, ensuring a secure and straightforward transaction process. As of the most recent deal on August 20, 2012, with USI Holdings Corporation, there are no specific details available regarding upcoming product launches or expansion plans into new markets.


The company’s strategy moving forward has not been publicly defined, nor has there been any mention of how past funding rounds will support future initiatives.


Current Investors

USI Insurance Services

Primary Industry

Insurance

Sub Industries

Insurance Intermediaries

Website

www.suncoastins.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Suncoast Insurance Associates, 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-onCompletedSuncoast Insurance Associates, Inc.-

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