Smith Brothers Insurance Acquires McMahon Co. in Connecticut

Smith Brothers Insurance LLC, an independent insurance agency based in Glastonbury, Connecticut, has acquired the assets of the McMahon Company Inc., an independent agency in Rocky Hill, Connecticut. Terms of the transaction were not disclosed.

The McMahon Company, founded in 1970 and led by Blaine Kaiser, provides insurance and risk management services for businesses and individuals in the greater Hartford community. The McMahon Company plans to retain its name, and the firm’s team of six employees will remain in the Rocky Hill location, according to the announcement.

Smith Brothers Insurance provides insurance, surety, risk management, employee benefits, and financial services to individuals and businesses. Headquartered in Glastonbury, Connecticut, Smith Brothers has additional satellite locations in Waterford, Connecticut (operating as Atlantic Insurance); Chester, Connecticut (Archambault Insurance); Northampton, Massachusetts; and also in Rocky Hill, Connecticut, following the McMahon Company acquisition. In total, Smith Brothers has approximately 115 employees.

Topics Mergers & Acquisitions Connecticut