The Stone Agency Insurance
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The Stone Agency Insurance - overview
Established
1859
Location
Guilford, CT, US
Primary Industry
Insurance
About
Founded in 1859 and based in Connecticut, US, The Stone Agency Insurance, operates as an insurance firm that mainly provides insurance policies and claims solutions for home, auto, homeowners, and commercial businesses. In January 2024, RSC Insurance Brokerage, Inc. , a portfolio company of Kelso & Company, acquired The Stone Agency Insurance. The company offers various insurance solutions that include flood insurance, marine insurance, auto insurance, condo insurance, apartment insurance, and personal property insurance covering cameras, musical instruments, jewellery, furs, coins, fine arts, silverware, bicycles, and golf equipment.
The company also provides business insurance covering property, general liability, business auto, professional liability, directors and officers liability, workers compensation, commercial umbrella, internet liability, ocean cargo, island marine catering technology, contractors, real estate, habitational, and many more businesses. Following the January 2024 acquisition, the company plans to further enhance its insurance capabilities and broaden its client approach in the market.
Current Investors
Risk Strategies
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries, Commercial Insurance, Claims Administration & Processing, Personal Insurance
Website
www.stoneinsagency.com/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
The Stone Agency Insurance - 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 | The Stone Agency Insurance | - |
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