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February 3, 2021

Higginbotham expands Oklahoma reach with Vaughan Insurance merger

Texas-based independent insurance firm Higginbotham has merged its operations with Oklahoma-based commercial insurance firm Vaughan Insurance Group.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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The merger provides Higginbotham with a second office in Oklahoma, US.

The company opened its first out-of-state office in Oklahoma back in 2017. Now the company has offices in nine US states.

Higginbotham tapped Vaughan Insurance Group to expand and continue to build its practice in Oklahoma.

Vaughan Insurance and its five-person team will collaborate with Higginbotham’s first office to extend its products and services to provide a single source solution to customers.

Vaughan Insurance Group principal David Vaughan said: “I was extremely impressed with how a firm as large as Higginbotham maintains a personal touch with its customers and family feeling with its employees.

“Our firms share the same devotion to our customers and employees, and it made sense that a partnership would be the perfect fit to benefit them and our future.”

In a joint statement, Higginbotham-Oklahoma MDs Gray Holden and Chris Lavigne said: “We have enjoyed rapid success in a relatively short amount of time in Oklahoma, and we expect the same success with Vaughan Insurance Group.

“We are excited to replicate our single source solution with our new partners so they can offer additional services like employee benefits.”

Higginbotham also carried out consolidation activities last year.

In July 2020, Pat Campbell Insurance merged its operations with Higginbotham. Earlier last year, Higginbotham combined its business with Amerman Insurance Services.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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