Worldwide Facilities - About the company
Worldwide Facilities is an acquired company based in Los Angeles (United States), founded in 1970. It operates as a Provider of wholesale specialty insurance products and services. Worldwide Facilities has raised $169M in funding from Lovell Minnick Partners. The company has 93 active competitors, including 2 funded and 20 that have exited. Its top competitors include companies like XPT, Novatae Risk Group and Connectedanalyticservices.
Company Details
Provider of wholesale specialty insurance products and services. It distributes property, casualty, group benefits, and reinsurance products. Value-added services include product development, underwriting, premium and claims administration, and actuarial services. The company supports brokers and consultants by expanding product and service offerings and providing access to specialty benefit insurance products and services, robust benefit administration, and program management. It also offers binding platforms for small businesses and handles difficult placements and unique opportunities across all lines. The firm utilizes technology to streamline processes and leverage data analytics for tailored coverage solutions.
Key Metrics
Founded Year
1970
Location
Los Angeles, United States
Stage
Acquired
Total Funding
$169M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 93 active competitors
Employee Count
131 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Amwins (Mar 05, 2021)
Worldwide Facilities's acquisition details
Worldwide Facilities got acquired by Amwins on Mar 05, 2021.
Click here to take a look at Worldwide Facilities's acquisition in detail
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Worldwide Facilities's funding and investors
Worldwide Facilities has raised a total funding of $169M over 2 rounds. Its latest funding round was a PE round on Jul 06, 2015 for $*****. 1 investor participated in its latest round. Worldwide Facilities has 2 institutional investors.
Here is the list of recent funding rounds of Worldwide Facilities:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 06, 2015 | 4084518 | PE | 6770607 | 1103403 | 8396954 | 5908615 |
View details of Worldwide Facilities's funding rounds and investors
Worldwide Facilities' founders and board of directors
Founder? Claim ProfileWorldwide Facilities' employee count trend
Worldwide Facilities has 131 employees as of Aug 26. Here is Worldwide Facilities's employee count trend over the years:
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Worldwide Facilities's Competitors and alternates
Top competitors of Worldwide Facilities include XPT, Novatae Risk Group and Connectedanalyticservices. Here is the list of Top 10 competitors of Worldwide Facilities, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | XPT 2017, New York City (United States), Series B | Wholesale insurance brokerage specializing in niche markets | $18.6M | 51/100 | |
2nd | Novatae Risk Group 2009, Dallas (United States), Funding Raised | Provider of wholesale insurance distribution services | - | - | 48/100 |
3rd | Worldwide Facilities 1970, Los Angeles (United States), Acquired | Provider of wholesale specialty insurance products and services | $169M | 42/100 | |
4th | Connectedanalyticservices Plano (United States), Unfunded | - | - | - | 39/100 |
5th | Euclid Program Managers 1952, Itasca (United States), Unfunded | Developer of managing general underwriter programs for insurance business owners | - | - | 38/100 |
6th | Tennant Risk Services 1987, West Hartford (United States), Acquired | Wholesale P&C insurance broker | - | - | 38/100 |
7th | CHES Special Risk 2004, Toronto (Canada), Unfunded | Provider of specialized insurance products for brokers and their clients | - | - | 37/100 |
8th | IL Group 1989, Gulf Shores (United States), Unfunded | Customized insurance products and services provider for financial institutions and agents | - | - | 36/100 |
9th | Boston Insurance Brokerage 2001, Boston (United States), Unfunded | Provider of insurance brokerage services | - | - | 36/100 |
10th | INSUREtrust 1997, Norcross (United States), Acquired | Provider of cyber insurance brokerage and risk management services | - | - | 33/100 |
Looking for more details on Worldwide Facilities's competitors? Click here to see the top ones
Worldwide Facilities's Investments and acquisitions
Worldwide Facilities has not made any investments yet. Worldwide Facilities has made 13 acquisitions.Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 02, 2020 | Acquisition | 1994 | Maywood (United States) | |
Aug 04, 2020 | Acquisition | 1991 | Clearwater (United States) | |
Jun 11, 2020 | Acquisition | 2006 | Green Bay (United States) |
See all acquisitions by Worldwide Facilities
Reports related to Worldwide Facilities
Here is the latest report on Worldwide Facilities's sector:
News related to Worldwide Facilities
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Relation Insurance Services, Inc. Announces New Chief Financial OfficerBusiness Wire•Sep 16, 2021•Relation Insurance, Worldwide Facilities
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Genstar Capital completes sale of Worldwide Facilities to Amwins GroupPrivate Equity Wire•Apr 06, 2021•Genstar Capital, Worldwide Facilities, Amwins
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Amwins completes purchase of Worldwide FacilitiesInsurance Business America•Apr 01, 2021•Worldwide Facilities, Amwins
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Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide FacilitiesInsurance Journal•Mar 05, 2021•Amwins, Worldwide Facilities
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Worldwide Facilities forms alliance with Cudd Well ControlInsurance Business America•Feb 02, 2021•Worldwide Facilities, Cudd
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Worldwide Facilities in California Names Perilman Senior Executive Vice PresidentInsurance Journal•Jun 22, 2020•Worldwide Facilities, Atlas
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Worldwide Facilities Acquires Virginia’s Royal Oak UnderwritersInsurance Journal•Jun 08, 2020•Worldwide Facilities, Royal Oak Underwriters
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