World Insurance Associates Acquires Wm. F. Borhek Insurance Agency
June 19, 2023
World Insurance Associates LLC, a nationally ranked insurance brokerage headquartered in Iselin, New Jersey, acquired Wm. F. Borhek Insurance Agency, Inc. of Halifax, Massachusetts on June 1, 2023. The acquisition expands World's presence in Massachusetts by adding Borhek's property & casualty insurance business; terms were not disclosed.
- Buyers
- World Insurance Associates LLC
- Targets
- Wm. F. Borhek Insurance Agency, Inc.
- Sellers
- Wm. F. Borhek Insurance Agency, Inc., Scott Casagrande (Owner)
- Industry
- Insurance
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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