Simplicity Group Acquires Hancock Brokerage
September 7, 2023
Simplicity Group Holdings, Inc. announced the acquisition of Hancock Brokerage, a Metairie, Louisiana-based life insurance brokerage led by Susan Cimini, who becomes a Simplicity partner. The deal brings Hancock's life insurance, annuity and life-settlement capabilities onto Simplicity's platform and is intended to expand the firm's product offering and distribution resources for advisors and agents.
- Buyers
- Simplicity Group Holdings, Inc.
- Targets
- Hancock Brokerage
- Industry
- Insurance
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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