The Plexus Groupe has acquired D.H. Tank Insurance Agency located in the Chicago suburb of Naperville, Ill.
Founded in 1968, the Tank Agency is an independent insurance agency specializing in commercial property/casualty and personal lines with an expertise in marine insurance placements worldwide. Tank Agency President Deane H. Tank, Jr. joins Plexus as vice president of Business Development.
The transaction was completed Oct.15, 2020, and is the third Plexus acquisition of 2020. Earlier this year, Deer Park, Ill.-based Plexus expanded its national presence by acquiring two Tampa Florida agencies: Artisan Insurance Group and Community Insurance Group.
The Plexus Groupe founded in 1990, offers employee benefits, property/casualty insurance, corporate retirement plans, personal lines insurance, benefits technology services, and mergers/ acquisitions services. In addition to Deer Park, Plexus has locations in Atlanta, Chicago, Dallas, Los Angeles, Oklahoma City and Tampa.
Source: The Plexus Groupe
Topics Mergers & Acquisitions Illinois
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