Afore Insurance Services completes acquisition of Powers Insurance Services, LLC in South Carolina
Acquiring Company
Afore Insurance Services
Acquired Company
Powers Insurance Services
AlpharettaSouth CarolinaInsuranceEmployee BenefitsConsultingRisk ManagementDescription
Afore Insurance Services, LLC has acquired South Carolina-based Powers Insurance Services, LLC. As a result, Jeremy Powers and the agency's team of 6 will join Afore, marking a new location for Afore in South Carolina. This acquisition aligns with Afore's strategy to expand nationally and offer an attractive alternative to agency sellers.
Quick answer
Afore Insurance Services is acquiring Powers Insurance Services, announced October 15, 2024. Afore Insurance Services is based in Alpharetta, Georgia, United States.
- How much did Afore Insurance Services pay for Powers Insurance Services?
- The deal value was not disclosed.
- What does Afore Insurance Services do?
- Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies the opportunity to partner with a top 100 national firm to better serve clients.
- Where are Afore Insurance Services and Powers Insurance Services based?
- Afore Insurance Services is based in Alpharetta, Georgia, United States. Powers Insurance Services is based in South Carolina, United States.
Source: Fundz verified event record.
Other recent acquisitions in Insurance and Employee Benefits
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Arthur J. Gallagher & Co. Acquires Shepard Insurance Group to Expand High-Net-Worth Offerings (November 26, 2024)
- Hub International Limited acquires ANCO Insurance Managers, Inc. to strengthen insurance solutions in Texas (November 11, 2024)
- Arthur J. Gallagher & Co. expands with Adept Benefits buy to enhance benefits consulting operations (October 29, 2024)
- Verlingue announces acquisition of ProConseils Solutions to strengthen its position in the Swiss insurance market (November 27, 2024)
- Hub International expands agribusiness insurance and risk solutions with acquisition of Western Growers Insurance Services (November 4, 2024)
- EPIC completes acquisition of TDC Life, expanding life and executive benefits platform (October 1, 2024)
Who to call at Afore Insurance Services, and when
When Afore Insurance Services changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Afore Insurance Services raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Afore Insurance Services, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Afore Insurance Services. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Afore Insurance Services makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Powers Insurance Services?
Powers Insurance Services was acquired by Afore Insurance Services, based in Alpharetta. The deal was reported on October 15, 2024. Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies the opportunity to partner with a top 100 national firm to better serve clients. Afore Insurance Services is privately held and operates in Insurance.
When did Afore Insurance Services acquire Powers Insurance Services?
Afore Insurance Services's acquisition of Powers Insurance Services was reported on October 15, 2024. Afore Insurance Services, LLC has acquired South Carolina-based Powers Insurance Services, LLC. As a result, Jeremy Powers and the agency's team of 6 will join Afore, marking a new location for Afore in South Carolina. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Powers Insurance Services do?
Launched by Jeremy Powers in 2019, Powers Insurance Services has grown rapidly by offering individuals and businesses in South Carolina risk management and consulting services with local, personal attention. It is privately held, operating in Employee Benefits, and is based in South Carolina.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.