Eastern Insurance Group LLC
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Eastern Insurance Group LLC - overview
Established
1989
Location
Wilkes-Barre, PA, US
Primary Industry
Insurance
About
Based in Pennsylvania, US, and founded in 1982, Eastern Insurance Group LLC operates as an insurance agency that serves diverse clients, including businesses of all sizes and individuals. In October 2013, AssuredPartners Inc. , an insurance brokerage platform, and a portfolio company of GTCR, acquired Eastern Insurance Group LLC. Eastern Insurance Group LLC offers a comprehensive range of insurance solutions.
Under the commercial division, the company provides insurance coverage for various industries, including contractors, manufacturers, restaurants, transportation, educational institutions, professionals, and more. For personal insurance, Eastern Insurance Group specializes in crafting insurance programs tailored to individuals and families, safeguarding assets and loved ones. Moreover, they offer life, health, and employee benefits solutions to both small business owners and large companies, with offerings such as group health, life, disability, and worksite insurance.
Current Investors
Arthur J. Gallagher, AssuredPartners, Inc.
Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Commercial Insurance
Verticals
InsureTech
Total Amount Raised
Subscriber access only
Eastern Insurance Group 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Eastern Insurance Group LLC | - | ||||||||
| Add-on | Completed | John T. Burns Insurance Agency, Inc. | - | ||||||||
| Add-on | Completed | Barr Insurance Agency, Inc. | - | ||||||||
| Add-on | Completed | NorthBridge Insurance Agency, Inc. | - | ||||||||
| Add-on | Completed | Campbell, Flaherty & Ring Insurance Agency, Inc. | - |
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Eastern Insurance Group LLC - employee data
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