AssuredPartners Inc., through its Neace Lukens subsidiary, recently acquired Lexington, Ky.-based Buckley & Company insurance agency.
The Buckley & Company office will merge with the existing Neace Lukens’ Lexington branch. More than 10 Buckley & Company employees will join Neace Lukens and remain in their current positions. Biff Buckley, current Buckley & Company president, will also join Neace Lukens.
The Neace Lukens Lexington office will now have more than 40 agents and staff members with the addition of the Buckley & Company associates, operating under the direction of Bryan Raisor, managing director.
Formed in 1896, Buckley & Company provides commercial insurance for small businesses, personal insurance, and life, health and employee benefits insurance.
Headquartered in Lake Mary, Fla., AssuredPartners is a portfolio company of Chicago-based private equity firm GTCR. It acquires and invests in property and casualty and employee benefits brokerage businesses across the country.
Neace Lukens, founded in 1991, has more than 650 employees operating in some 30 offices throughout Kentucky, Ohio, Indiana, Illinois, Michigan, Tennessee, Arizona, Georgia, Arkansas, Florida, Louisiana, Mississippi and South Carolina. Neace Lukens became part of AssuredPartners Inc. in September 2011.
Topics Mergers & Acquisitions
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