World Insurance Associates Acquires Schlegel & Schlegel Insurance Brokers
July 6, 2023
World Insurance Associates LLC acquired the business of Schlegel & Schlegel Insurance Brokers Inc. of West Yarmouth, Massachusetts, effective July 1, 2023; terms were not disclosed. The deal expands World’s presence in the Cape Cod / Massachusetts market and brings the four-person independent agency into World’s national brokerage platform.
- Buyers
- World Insurance Associates LLC
- Targets
- Schlegel & Schlegel Insurance Brokers Inc.
- Sellers
- Paul Schlegel, Schlegel & Schlegel Insurance Brokers Inc.
- Industry
- Insurance
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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