Western Penn Marketing, LLC
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Western Penn Marketing, LLC - overview
Established
1987
Location
Mesa, AZ, US
Primary Industry
Insurance
About
Western Penn Marketing, LLC, is a provider of comprehensive marketing support and resources for insurance agents, primarily focused on Medicare-related products and services. Founded in 1987, Western Penn Marketing, LLC, is headquartered in Mesa, US. The company specializes in marketing support for insurance agents in the Medicare field. In February 2018, Integrity Marketing Group, LLC, acquired Western Penn Marketing, although financial terms were not disclosed.
The company has completed one transaction, with the most recent deal dating back to February 28, 2018. Western Penn Marketing primarily provides marketing support and resources for insurance agents specializing in Medicare. Their main offerings include Medicare Supplement and Medicare Advantage plans, facilitating essential health insurance products for clients across the United States. The company emphasizes one-on-one support for agents, focusing on customer service to enhance the agent-client relationship, with services available nationwide.
Western Penn Marketing's revenue model relies on partnerships with insurance agents and agencies, earning commissions from Medicare insurance product sales. Agents receive personalized support and resources to effectively market these products, which leads to a direct-to-consumer approach. Agents benefit financially through competitive compensation plans based on their sales performance. Western Penn Marketing plans to leverage its recent acquisition to enhance its product offerings and expand into new geographic markets.
As part of its growth strategy, the company aims to develop new marketing resources and training programs for agents, although specific product launch dates have yet to be announced. The acquisition will provide the necessary funding to support these initiatives and facilitate expansion into additional regions.
Current Investors
Integrity Marketing Group LLC
Primary Industry
Insurance
Sub Industries
Health Insurance
Website
www.wpmaz.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Western Penn Marketing, LLC - 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 | Western Penn Marketing, LLC | - |
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