World Insurance Associates LLC (WIA) has acquired The Walker Agency, Inc of Anderson (d/b/a Palmetto Insurance) of Anderson, S.C. on October 1, 2020. Terms of the transaction were not disclosed.
Palmetto Insurance is a property & casualty focused agency, specializing in auto, home, homebuilders, umbrella, and life insurance.
According to Keith Roberts, Partner at Palmetto Insurance, joining WIA will allow the company to offer an additional suite of services to clients.
Giordano, Halleran & Ciesla provided legal counsel to WIA and MarshBerry advised WIA on the transaction. Basi, Basi & Associates provided legal counsel to Palmetto Insurance and Agency Brokerage Consultants advised on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
World Insurance Associates LLC is headquartered in Tinton Falls, NJ, and is a nationally ranked, full-service insurance brokerage providing world-class asset and lifestyle protection with risk management, insurance, and benefit consulting services for individuals and businesses. Since its founding in 2012, WIA has completed 76 acquisitions and serves its customers from 58 offices in 14 states and Washington, DC. WIA is a Top 100 P/C Agency by Insurance Journal.
Topics Mergers & Acquisitions
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