DALLAS, March 20, 2012 – Springtree Group, a leading M&A and financial advisor for the Insurance Agent / Brokerage community, is pleased to announce the purchase of Tampa based Insurance-Source.com by its client, The Walton Group. The transaction closed on March 16th, 2012 and was led by Mark Walton, owner of The Walton Group and Springtree CEO, Sam Patterson. “The acquisition of Insurance Source will provide a sustainable and marked advantage for our insurance operations, providing a national platform for workers compensation products with a distinct and recognized internet focus,” said Walton. “Further, we will enhance the experience for each of our new and existing clients through better services, programs, claims experience and integrated client relations.”
About Walton Group
The Walton Group is a Texas based private insurance firm which has been proudly serving the Texas market for a number of years. The Walton Group, based in the Houston area provides both commercial and personal insurance products. “Our success has been a result of our strong focus on the product lines and the growth models we utilize. We have been relentless in our marketing and client development which is the driver behind our performance” said Walton. “Our focus now is diversification of our book and rounding out our product offerings, which will provide a more stable environment for our clients, employees and business model. We see a particular risk inherent in niche marketing and mono-line focus. Because of this risk and the desire to grow we are expanding through this strategic acquisition” continued Walton.
About Insurance-Source.com
InsuranceSource.com specializes in workers compensation, PEO and general liability insurance throughout the United States. The finest selection of workers compensation insurance and general liability carriers are employed to support our clients. Our job is simple, we advise clients on the workers compensation and general liability insurance solutions available in each state that best meet the unique insurance needs of each client. This consultative approach to risk management will be continued under the new ownership. We represent multiple carriers and assigned risk pool markets, as well as the National Council on Compensation Insurance.
About Springtree Group
Springtree Group, founded in 1988, provides M&A, advisory and financial resources to support the Insurance Agent and Brokerage community. The STG financial product portfolio mix provides a unique combination of Equity and assets based loans, as well as commission and SBA insured loans. STG brings a complementary M&A and funding services package to this highly fragmented market space. STG is the only organization in the US that can offer this range of products and services.
Springtree Group is headquartered in Dallas, TX, and provides services to the insurance space in every region in the USA. For more information visit our website at www.springtreegroup.biz:
CONTACT:
Sam Patterson
972-395-8811
Sam@springtreegroup.biz
