AssuredPartners Inc. has acquired Lundstrom Insurance Agency Inc. located in Elgin, Illinois.
Led by Brett Lundstrom, the agency currently reports $7.3 million in annualized revenues. Founded in 1953 by E. John Lundstrom, the agency is third-generation family owned and operated. According to information on Lundstrom’s website it offers personal, commercial, life/health and employee benefits insurance products and services.
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in London.
Source: Assured Partners Inc.
Topics Mergers & Acquisitions Illinois
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