Wallace Welch & Willingham (W3) has acquired Sondregger Insurance, an independent agency based in St. Petersburg, Fla. The acquisition was made final on December 9, 2015.
Sondregger Insurance specializes in personal and business insurance. The agency brings one employee and approximately 800 clients. Sondregger’s book of business consists primarily of homeowners policies with a number of commercial, auto and life as well. Clients will continue to work with their agent and will be serviced out of W3’s current downtown St. Petersburg location.
Keith Gramling, W3’s President, stated, “Through the acquisition of Sondregger Insurance, we continue to achieve our agency growth goals.”
This recent acquisition marks the third in three years, and includes the acquisition of Al Malin’s Insurance in 2013 and a large book of nonprofit business in 2012.
Founded in 1925, Wallace Welch & Willingham is an independent insurance agency offering coverage to businesses and individuals, including commercial, homeowners, auto, boat and life insurance, as well as employee benefits coverage.
Topics Mergers & Acquisitions Florida
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