Pennsylvania-based Ingredient Threat Administration has acquired two Pennsylvania insurance coverage companies and one other in Virginia,
The Pennsylvania companies are W.S. Hoffman Insurance coverage situated in Phoenixville, and L&B Insurance coverage and Monetary Providers, situated in Collegeville. Ingredient Threat additionally acquired Stoneburner-Carter Insurance coverage, situated in Entrance Royal, Virginia.
W.S. Hoffman Insurance coverage Company has been serving the five-county space surrounding Phoenixville for greater than 50 years. The company has been run for 25 years by Donald Diianni.
L&B Insurance coverage and Monetary Providers was established by Jerry Lynam in 1994 and serves the Collegeville and surrounding areas.
Stoneburner-Carter Insurance coverage was established in 1985 and is a three-generation household agency.
Phrases weren’t disclosed.
Ingredient Threat is an impartial insurance coverage company with 17 areas throughout Pennsylvania, Virginia and Maryland.
Matters
Mergers
Virginia
Pennsylvania
Was this text beneficial?
Listed here are extra articles you could take pleasure in.
Fascinated with Mergers?
Get automated alerts for this subject.