Evergreen Insurance & Risk Management, a Monsey, New York, based insurance brokerage for investment real estate, has acquired the assets of Sheridan & Company Group LLC and T.J. Sheridan & Co. Inc. Terms of the deal, which closed in September, were not disclosed.
Sheridan is a commercial lines insurance provider headquartered in northern New Jersey, with a concentration on investment property insurance, real estate insurance and condo association insurance. Tom Sheridan, president and CEO of Sheridan and a 41 year insurance industry veteran, will continue at Evergreen on a consulting basis following the acquisition.
This acquisition closely follows Evergreen’s July relocation to its new office space in Monsey, New York, to accommodate past growth and future expansion plans.
Source: Evergreen Insurance & Risk Management
Topics Mergers & Acquisitions New York
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