Union Bay Acquisition LLC Acquires Farrell Insurance Associates Inc.
September 21, 2022
Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired Farrell Insurance Associates Inc., an independent insurance agency based in Lansdale, Pennsylvania. Terms were not disclosed; the deal expands Union Bay's presence and expertise in the greater Philadelphia area as part of its strategy to acquire small regional insurance agencies.
- Buyers
- Union Bay Acquisition LLC
- Targets
- Farrell Insurance Associates Inc.
- Platforms
- Union Bay Risk Advisors LLC
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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