Johnson & Strachan Inc., a commercial and personal insurance agency in Fairfax, Va., has acquired Progressive Management Associates, Inc., an independent insurance agency specializing in employee benefits.
Under terms of the acquisition, Carlos Ortega, owner of PMA, will join Johnson & Strachan in its offices in Fairfax, Va.
Jeff Johnson, president of Johnson & Strachan, said the acquisition of PMA, Inc. is another step in Johnson & Strachan’s strategic plan for growing its employee benefits insurance business.
Source: Johnson & Strachan
www.jsinsurance.com.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Allstate Can Proceed With Recovery in Texas RICO Case: Fifth Circuit 
Insurtech Lemonade Starts Autonomous Car Product With Tesla’s Data 
Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades 
Battle Between Applied Systems and Comulate Escalates With New Antitrust Lawsuit 
