Denver, Colo.-based The Wright Group Services announced it has purchased substantially all the annuity sales assets from Affiliated Financial Services in Colorado.
Terms of the deal were not disclosed.
AFS services the product and sales needs of banks and credit unions, and distributes annuities through its insurance subsidiaries throughout the Midwest and Rocky Mountains. The existing staff was relocated to the TWG Colorado Boulevard location.
This completes the fifth acquisition for the TWG team in the last three years. TWG is an insurance brokerage providing risk management, benefits and retirement products throughout the Rocky Mountain Region, the Western U.S. and Canada.
Topics Mergers & Acquisitions Colorado
Was this article valuable?
Here are more articles you may enjoy.
US Sues Ship Owner, Operator Over Baltimore Bridge Collapse 
Appeals Court Spikes Brett Favre’s Defamation Suit Against Shannon Sharpe 
Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B 
US Property Insurance Rates Fall for First Time Since 2017 
