AssuredPartners Inc. announced Wednesday that it has acquired MRW Group Inc., an independent agency based in Hauppauge, New York. Terms of the transaction were not disclosed.
MRW Group’s staff of 25 will continue to provide risk management and insurance services under the leadership of President Rich De La Sota.
MRW Group offers a multitude of insurance products including personal, business, life and employee benefits. The agency reports approximately $4.2 million in revenues.
Based in Lake Mary, Florida, AssuredPartners acquires and invests in insurance brokerage businesses (property/casualty, employee benefits, surety and MGU’s) across the U.S. and in London. From its founding in 2011, AssuredPartners has grown to $565 million in annualized revenue, with over 125 offices in 30 states and a London office.
Topics Mergers & Acquisitions New York
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