World Insurance Associates LLC (WIA) has acquired C. Walter Searle Insurance Agency LLC of Nutley, New Jersey, on February 1, 2021. Terms of the transaction were not disclosed.
Since its founding in 1926, C. Walter Searle has been serving the insurance needs of individuals, families and businesses in New Jersey. It provides insurance for lines of business including personal auto and home, commercial business, liability, workers’ comp and auto, as well as life and health.
WIA is headquartered in Tinton Falls, New Jersey, 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 98 acquisitions and serves its customers from 99 offices in 23 states and Washington, DC.
Giordano, Halleran & Ciesla provided legal counsel to WIA. Gaccione & Pomaco provided legal counsel to C. Walter Searle. No other advisors, diligence firms or legal counsel were disclosed.
Source: World Insurance Associates LLC
Topics Mergers & Acquisitions
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