Bankers Insurance LLC, headquartered in Richmond, Va., has acquired Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares Inc.
Gateway Insurance Services Inc. has five offices in eastern North Carolina and one office in eastern Virginia.
Consideration paid by Bankers Insurance LLC includes cash and a Bankers Insurance LLC membership unit to Hampton Roads Bankshares Inc., the holding company of Bank of Hampton Roads.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Company at Center of Cyclospora Outbreak Complained to White House, Source Says 
AM Best Calls $1.54 Billion Mapfre-Safety Marriage ‘Strategically Compelling’ 
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal 
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026 
