PointeNorth Acquires 2 Georgia Agencies

Atlanta-based PointeNorth Insurance Group has acquired two Georgia agencies.

PointeNorth acquired Hodges & Associates, an employee-benefit provider in metro Atlanta. The Marietta-based agency’s BondsPlus subsidiary, the Risk Management Continuum division and employee-benefits operation were purchased with an undisclosed amount of stocks and cash. Stan Hodges has been named senior vice president of the new PointeNorth Benefit Practice and sales manager.

PointeNorth also acquired Smith Insurance Services, a Marietta-based agency that offers property and casualty and life insurance products. It will operate as part of the NorthPointe Insurance Group and Ken Smith will serve as vice president.

Bill Skeeles, chief financial officer for PointeNorth, said the acquisitions are part of the company’s ongoing growth strategy. “We are highly interested in partnering with growth-minded independent agencies that add to our capabilities and want to keep their entrepreneurial spirit intact,” he said.

PointeNorth was founded in 2010 out of the merger of TRC Stevenson and certain property and casualty assets of the former Merritt-McKenzie. With its latest acquisitions, the group now has locations in Atlanta, Decatur and Peachtree City.

Topics Mergers & Acquisitions Agencies Georgia