National Financial Partners Corp. (NFP) has acquired Lapre Scali & Co. Insurance Services for an undisclosed sum.
New York-based NFP provides benefits, insurance and wealth management services. Lapre Scali, headquartered in Scottsdale, Arizona, is a national P&C brokerage with annualized revenue of $21 million.
As part of the deal, Lapre Scali CEO and founder Terrence M. Scali will served as CEO of NFP Property and Casualty Services Inc. (NFP P&C) and executive vice president of NFP.
NFP will continue to operate its property and casualty business as part of the corporate client group, under the NFP P&C brand.
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