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.
US Court Reinstates ‘Sunday Ticket’ Class Action Verdict Against NFL 
Binance’s $6.3 Billion Hack: How Crypto Insurance Works 
Learjet May Have Broken Up Before Fatal Florida Crash, NTSB Says 
Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation 
