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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
Ranked
Employee Count
131 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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
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Worldwide Facilities' founders and board of directors

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Worldwide Facilities' employee count trend

Worldwide Facilities has 131 employees as of Aug 26. Here is Worldwide Facilities's employee count trend over the years:
Employee count trend for Worldwide Facilities
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for XPT
XPT
2017, New York City (United States), Series B
Wholesale insurance brokerage specializing in niche markets
$18.6M
51/100
2nd
Logo for Novatae Risk Group
Novatae Risk Group
2009, Dallas (United States), Funding Raised
Provider of wholesale insurance distribution services
-
-
48/100
3rd
Logo for Worldwide Facilities
Worldwide Facilities
1970, Los Angeles (United States), Acquired
Provider of wholesale specialty insurance products and services
$169M
42/100
4th
-
-
-
39/100
5th
Logo for Euclid Program Managers
Euclid Program Managers
1952, Itasca (United States), Unfunded
Developer of managing general underwriter programs for insurance business owners
-
-
38/100
6th
Logo for Tennant Risk Services
Tennant Risk Services
1987, West Hartford (United States), Acquired
Wholesale P&C insurance broker
-
-
38/100
7th
Logo for CHES Special Risk
CHES Special Risk
2004, Toronto (Canada), Unfunded
Provider of specialized insurance products for brokers and their clients
-
-
37/100
8th
Logo for IL Group
IL Group
1989, Gulf Shores (United States), Unfunded
Customized insurance products and services provider for financial institutions and agents
-
-
36/100
9th
Provider of insurance brokerage services
-
-
36/100
10th
Logo for INSUREtrust
INSUREtrust
1997, Norcross (United States), Acquired
Provider of cyber insurance brokerage and risk management services
-
-
33/100
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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)
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See all acquisitions by Worldwide Facilities

Reports related to Worldwide Facilities

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News related to Worldwide Facilities

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