Transaction · Insurtech · 2026

Hagerty Agrees acquires Bennetts

Hagerty Agrees acquired Bennetts for $1.0B on July 2, 2026.

Target
Bennetts
Acquirer
Hagerty Agrees
Deal value
$1.0B
Announced
July 2, 2026
Sub-sector
Insurtech

Transaction overview

  • Hagerty Agrees announced the acquisition of Bennetts on July 2, 2026 for $1.0B.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Hagerty acquires Bennetts to expand specialty motorcycle insurance in UK market.

Deal terms & multiples

Deal value
$1.0B
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
July 2, 2026
Acquirer
Hagerty Agrees (Strategic)
Sub-sector
Insurtech

Frequently asked questions

How much did Hagerty Agrees pay for Bennetts?

Hagerty Agrees acquired Bennetts for $1.0B, announced on July 2, 2026.

When did Hagerty Agrees announce the acquisition of Bennetts?

Hagerty Agrees announced the acquisition of Bennetts on July 2, 2026.

What sub-sector is Bennetts in?

Bennetts is tracked in the Insurtech sub-sector.

Sources

  • prnewswire.com /news-releases/hagerty-agrees-to-acquire-bennetts-to-become-2-specialty-motorcycle-insurance-broker-in-the-united-kingdom-302816909.html