OLI Insurance Services Inc. acquired Walton and Associates Insurance Services.
San Jose, Calif.-based Walton and Associates focuses on a variety of commercial lines and personal insurance products for clients in the Bay Area and Northern California.
Terms of the deal were not disclosed.
Walton and Associates Insurance opened its doors in 1966 in San Jose as a family-run insurance agency operated by Verne and Susan Walton. Their agency team will continue to be led by their daughters, Jamie Anderson and Wendy Volpatti. The company will operate autonomously as a subsidiary agency, leveraging OLI’s and Heffernan’s market access, resources and support to grow the agency.
Oli Insurance Services is a subsidiary of Heffernan Insurance Brokers, and it provides market access and support services to local insurance agencies.
Topics Mergers & Acquisitions California
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