Nashville-based Tenco Services Inc., a multi-line claims adjusting firm in six Southeastern states, plans to acquire the James C. Greene adjusting company in Raleigh, North Carolina, Tenco announced.
Greene has offices in North and South Carolina and also works in Georgia and Virginia. Both firms are family-run, independent adjusting firms that are two of the oldest in the South. Greene began in 1932 and Tenco has been operating since 1947, according to a company press release.
Greene is led by James C. Greene Jr., president. Brian Duncan is president of Tenco.
The combined firm will have more than 75 adjusters.
Topics Mergers & Acquisitions
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