World Insurance Associates LLC (WIA) has acquired R.S. Gilmore Insurance Agency Inc. of North Attleboro, Mass., on December 1, 2020. Terms of the transaction were not disclosed.
The R.S. Gilmore Insurance Agency Inc. was established in 1938 and has grown to be a large family owned insurance agency in southeastern Massachusetts.
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 85 acquisitions and serves its customers from 81 offices in 17 states.
Giordano, Halleran & Ciesla provided legal counsel to WIA. Morrison Mahoney provided legal counsel to R.S. Gilmore. No other advisors, diligence firms or legal counsel were disclosed.
Source: World Insurance Associates LLC
Topics Mergers & Acquisitions
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