Relation - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Relation M&A Summary

Relation has acquired 75 companies of its own, including 61 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Relation has acquired in 23 different US states. The Company’s most targeted sectors include insurance (98%) and business services (3%).

Relation Ownership

Who owns Relation?

Relation is owned by Aquiline Capital Partners. It was acquired on February 21, 2019.

Is Relation PE-backed?

Yes. Relation is owned by private equity investor Aquiline Capital Partners.

Was Relation formerly PE-backed?

Yes. Relation was formerly owned by 3 private investors.

Relation Business Overview

Where is Relation headquartered?

Relation is headquartered in Walnut Creek, California.

How many employees does Relation have?

Relation has 500 employees.

What sector is Relation in?

Relation is an insurance company.

When was Relation founded?

Relation was founded in 2007.

M&A Summary

  • M&A Total Activity75
    • M&A Buy Activity74
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5

Relation

Relation Insurance Services, Inc.

1277 Treat Boulevard, Suite 400,
Walnut Creek, California 94597
United States,
(800) 404-4969
www.relationinsurance.com

Relation is a premier insurance broker that offers superior risk-management and benefits-consulting services through its family of brands across the U.S. It is ranked by Insurance Journal within the top 45 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation was founded in 2007 and is based in Walnut Creek, California.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (10.8/yr) # 20 17 23 4 7 3 74
Sell (0.2/yr) # - - 1 - - - 1
  75

Most Recent M&A

Company Date Value Type
Advantage Insurance Group 2025-07-01 - Add-on Acquisition
El Reno, Oklahoma · www.aigok.com
Aon/Albert G. Ruben Insurance Services, Inc. 2025-06-26 - Divestiture
, United States · www.albertgruben.com
Forest Insurance Agency, Inc. 2025-01-06 - Add-on Acquisition
Forest Park, Illinois · www.forestinsured.com
Business Aviation Insurance Services, Inc. 2024-12-09 - Add-on Acquisition
Concord, California · www.bizavins.com
Whitney Oaks Insurance Services, Inc. 2024-08-30 - Add-on Acquisition
Roseville, California · www.whitneyoaksinsurance.com
H Group Benefits, Inc. 2024-07-31 - Add-on Acquisition
Northbrook, Illinois · www.hgroupbenefits.com
York Insurance Services, Inc. 2024-05-31 - Add-on Acquisition
Forest Hill, Maryland · www.yorkinsuranceservices.com
Elite Insurance Agency, Inc. 2024-05-20 - Add-on Acquisition
Brooklyn, New York
The Haney Co., Inc. 2024-05-01 - Add-on Acquisition
Silver Spring, Maryland
Jones & Lowe Agency, Inc. 2024-03-01 - Add-on Acquisition
Brownfield, Texas · www.jonesandloweagency.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 72 (97%) - 1 (100%) -
Business Services 2 (3%) - - -
Total 74 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 74 - 1 -
  California 14 - 1 -
  North Carolina 11 - - -
  South Carolina 7 - - -
  Illinois 6 - - -
  Connecticut 5 - - -
  Maryland 4 - - -
  Texas 4 - - -
  Delaware 3 - - -
  New York 3 - - -
  Arkansas 2 - - -
  Virginia 2 - - -
  Oklahoma 2 - - -
  Louisiana 1 - - -
  Kansas 1 - - -
  Georgia 1 - - -
  Florida 1 - - -
  Arizona 1 - - -
  Wisconsin 1 - - -
  Ohio 1 - - -
  New Hampshire 1 - - -
  Nebraska 1 - - -
  Massachusetts 1 - - -
Total 74 - 1 -

M&A Connections

Deals
Acquired from
Investor(s)
1%
1 (1%)
Strategic(s)
11%
8 (11%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore a company's M&A activity, ownership history, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Related Lists for Relation

Insurance Companies