Deal aligns with company's strategy to expand specialty insurance offerings
Josh Recamara Mar 11, 2025
Third generation business becomes the latest snapped up in acquisition spree
Leading specialist in one sector now has major backing
Florida-based firm will continue operating under its existing brand
Company says it will respond and expects the deal to close in H2
Acquired firm adds wine industry and high-net-worth expertise
The move broadens offerings for middle-market clients
Recent M&A swoops across Connecticut and Ohio also enhance regional coverage
Buyout values brokerage at 3.45x revenue, 13.6 x EBITDA
CEO shares her path from being an immigrant to a successful insurance firm owner
