BNC Insurance Agency Inc., an independent agency based in Rye Brook, New York, announced that it has acquired Milbrandt & Co. Inc., an independent agency based in New Rochelle, New York, with a satellite office in Hudson, New York. Terms of the transaction were not disclosed.
As part of the transaction, Milbrandt’s executive team of Bob Antoinette and John Cofini as well as more than a dozen staff members have transitioned over to BNC Insurance Agency’s operations.
Founded in 1947, Milbrandt & Co. has been providing commercial and personal insurance services to businesses and families in the New York Tri-State area.
BNC Insurance Agency, founded in 1997, has more than 50 employees and is licensed in 22 states. The agency provides insurance and a variety of risk management services to its personal, commercial and employee benefits clients. BNC’s specialties include serving the insurance needs of the construction industry.
Topics Mergers & Acquisitions New York
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