Selman Co
Dowling Hales acted as exclusive financial advisor to Selman & Company, LLC in its sale to One80 Intermediaries Inc. Selman & Company is a leading third-party administrator and broker offering life, supplemental health and related products and services to associations, credit unions, banks, employers and insurance companies. SelmanCo has been in business for over 40 years and operates throughout the U.S. and Canada with headquarters in Cleveland, Ohio. The company enjoys long-term partnerships with over 55 insurance companies and maintains $300 million of annual insurance premium under administration. Selman & Company provides insurance services to more than 1.3 million customers, and serves over 800 financial institutions, 2,100 employers and 70 affinity groups. The acquisition of Selman & Company further expands One80’s presence in the affinity market. The Company will continue under local leadership, operating out of its Cleveland, Ohio headquarters.
Target Company
Selman Co
Acquirer Company
One80 Intermediaries
Acquisition Date
July 2022
Sector
Insurance
Industry
Retail
Region
USA
State of Acquired
OH
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