Oli Insurance Services Inc. has acquired Rose City Associates in Portland, Ore.
Pete Lackner and Bob Asher created Rose City Associates in 2012 through a merger of their respective agencies, and will continue to lead their team of employees following the transaction.
Terms of the deal were not disclosed.
Oli Insurance Services is a subsidiary of Heffernan Insurance Brokers that helps small independent agencies grow by providing market access, new business fulfillment, back office support, and technology solutions.
The business will operate autonomously as Heffernan Rose City, leveraging Oli’s and Heffernan’s market access, resources, and support to grow the agency.
Topics Mergers & Acquisitions Oregon
Was this article valuable?
Here are more articles you may enjoy.
DeSantis Signs Bill Barring Local Worker Heat Protection Measures 
Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US 
Employers Can’t Use Vicarious Liability to Block Negligence Claims, TN High Court Says 
Florida Peninsula Says Reforms Have Had an Impact, Announces 2% Rate Cut 
