World Insurance Associates LLC (WIA) has acquired Fairways Insurance Inc. of Cinnaminson, N.J., on November 1, 2020. Terms of the transaction were not disclosed.
Fairways is a full-service insurance agency serving clients throughout New Jersey, Pennsylvania and Delaware.
WIA is headquartered in Tinton Falls, N.J., and is a full-service insurance brokerage providing asset and lifestyle protection with risk management, insurance and benefit consulting services for individuals and businesses. Since its founding in 2012, WIA has completed 81 acquisitions and serves its customers from 72 offices in 15 states and Washington, D.C.
Giordano, Halleran & Ciesla provided legal counsel to WIA. Capehart Scatchard provided legal counsel to Fairways. No other advisors, diligence firms or legal counsel were disclosed.
Source: World Insurance Associates LLC
Topics Mergers & Acquisitions New Jersey
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