World Insurance Associates LLC (WIA) has acquired LIA Great Bend Inc. (d/b/a Alliance Insurance Group) (Alliance) of Salina, Kan.
Terms of the transaction were not disclosed.
Led by CEO Cody Smith, Alliance is a full-service insurance agency that provides property/casualty insurance products including homeowners, personal automobile, workers’ compensation and commercial package. Alliance has grown organically and through acquisitions (17 total) over the past 10 years, currently operating out of 14 offices across Kansas and Oklahoma.
Giordano, Halleran & Ciesla provided legal counsel and Sica Fletcher advised WIA on the transaction. Clark, Mize & Linville provided legal counsel and INS Capital advised Alliance on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
World Insurance Associates LLC is headquartered in Tinton Falls, N.J.
Source: World Insurance Associates LLC
Topics Mergers & Acquisitions
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