King Insurance Parnters, based in Gainesville, Florida, continues to expand with the acquisition of Lincoln Insurance Group in McDonough, Georgia.
Lincoln is an independent agency that offers auto, home, life and commercial inurance coverage, King said in a news release. Timothy Thompson, a principal at Lincoln, said the merger will strengthen the agency’s range of insurance offerings.
The terms of the deal were not disclosed. It comes two weeks after King announced another acquisition – Barnette and Coates Inc., an agency in Henderson, North Carolina.
King Insurance, one of the larger U.S. brokerages, has continued a steady pace of expansion in recent years through acquisitions, mergers and organic growth.
Topics Mergers & Acquisitions Georgia
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 

