Chestnut Hill Insurance Group, an independent property/casualty insurance agency in Chepachet, Rhode Island, announced that it has acquired Rotatori Insurance, an independent P/C agency also based in Chepachet. Terms of the transaction were not disclosed.
Chestnut Hill Chief Executive Officer Greg Agnone said the deal is designed to expand markets and aid in the execution of the firm’s roll-up strategy.
Agnone also said Chestnut Hill is looking to expand its current geographic footprint through future merger and acquisition activity in Massachusetts, Rhode Island, and Connecticut. Chestnut Hill was launched in 2013 by Agnone after leadership positions at The Hartford, Travelers, AIG, and Providence Washington spanning nearly three decades.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Former MLB Player, 3 Others Charged with Staging Auto Accident in Miami 
Harvard Study Again Stirs the Pot on Demotech Ratings of Florida Carriers 
Supreme Court Makes It Easier to Sue for Job Discrimination 
DeSantis Signs Bill Barring Local Worker Heat Protection Measures 
