Valuation Questionnaire

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COMPLETED TRANSACTIONS

Smart Choice Partners
has acquired
Atlantic Insurance Advisors

Agency Brokerage Consultants served as advisor to Atlantic Insurance Advisors
Arthur J. Gallagher
has acquired
Fraser Yacht Insurance Services

Agency Brokerage Consultants served as advisor to Fraser Yacht Insurance Services
All Risk, LTD
has acquired
Specialty Risk Underwriters

Agency Brokerage Consultants served as advisor to Specialty Risk Underwriters
Hub International
has acquired
Farr Insurance Group

Agency Brokerage Consultants served as advisor to Farr Insurance Group
AssuredPartners Aerospace
has acquired
Hardy Aviation Insurance

Agency Brokerage Consultants served as advisor to Hardy Aviation Insurance
Sihle Insurance Group
has acquired
Webster Insurance Agency

Agency Brokerage Consultants served as advisor to Webster Insurance Agency
Risk Cooperative
has acquired
Benefits Resources

Agency Brokerage Consultants served as advisor to Benefits Resources
PCF Insurance Services of the West
has acquired
Leonard H. Franks, CPCU & Associates

Agency Brokerage Consultants served as advisor to Leonard H. Franks, CPCU & Associates
Foundation Risk Partners
has acquired
Allen & Smith Insurance, Inc. DBA St. Johns Insurance Agency

Agency Brokerage Consultants served as advisor to Allen & Smith Insurance, Inc. DBA St. Johns Insurance Agency
Higginbotham
has acquired
Extraco Banks - Commercial Insurance Division

Agency Brokerage Consultants served as advisor to Extraco Banks - Commercial Insurance Division