Portland, Maine-based United Insurance announced it has acquired Barresi Financial, a financial services and retirement advisory firm with offices in Bangor and Presque Isle.
Barresi’s 10 associates will join United, according to Zack Frechette, United’s chief executive officer.
With this addition, United expands on its business and personal insurance and employee benefit offerings. Barresi boasts a client base of more than 200 groups and 3000 individual clients.
With multiple locations throughout Maine and New Hampshire, United Insurance employs more than 150 insurance professionals. In early March, United acquired Kimball Korp’s six offices in Lewiston, Livermore Falls, Turner, Rumford, Farmington, and Sangerville.
Topics Mergers & Acquisitions Maine
Was this article valuable?
Here are more articles you may enjoy.
Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns 
El Nino Is Here and Scientists Fear It’ll Bring Costly Heat, Floods, Droughts, Fires 
Danone US Sues Chobani Over High-Protein Yogurt Labeling Claims 
Wall Street Is Gaining Access to New Catastrophe Models to Help Predict Wars 
