McGriff, Seibels & Williams to Acquire Caledonian in Washington

McGriff, Seibels & Williams Inc. has acquired Caledonian Insurance Group Inc. of Mercer Island, near Seattle, Wash.

The deal was completed April 1. Terms were not disclosed.

Caledonian specializes in insurance brokerage services for the aviation industry, including regional airlines, cargo airlines, rotor wing operations, fixed-wing charter operations, corporate aircraft, airports, fixed-base operators, aircraft component manufacturers, aircraft lessors and international operators. The agency has 24 employees with a branch office in Honolulu.

McGriff, Seibels & Williams has been part of the BB&T Specialty Services retail insurance network since 2004. Based inBirmingham, Ala., McGriff, Seibels & Williams has offices in Atlanta, New York, Houston, Dallas, New Orleans, St. Louis, Charlotte, N.C., Portland, Ore.

Topics Mergers & Acquisitions Aviation Washington