Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), sad it has acquired the assets of Sirles Insurance Group Inc., a South Carolina-based commercial insurance brokerage firm.
Terms of the acquisition were not disclosed.
In connection with this acquisition, David H. Sirles, president and CEO of Sirles, will be joining PBC as a vice president, reporting to Scott Bell, senior vice president, according to the announcement.
Founded in 2003, Sirles offers property/casualty insurance with a niche in serving the pest control, lawn care and artisan contracting industries.
This acquisition represents the expansion of PBC’s footprint into the Southeastern U.S. and will strengthen its existing pest control and lawn care programs, the company said. Program Brokerage Corp. is the endorsed insurance brokerage for the National Pest Management Association (NPMA).
Topics Mergers & Acquisitions Agencies
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