Heffernan Insurance Brokers Acquires Costello Insurance Associates

May 1, 2024

Heffernan Insurance Brokers acquired Costello Insurance Associates, adding aviation insurance expertise to its Phoenix-area operations effective May 1, 2024. Costello, founded by Pat Costello in 1991 and based in Tempe, Arizona, brings a team of five employees and will report into Heffernan's Phoenix branch; terms were not disclosed.

Buyers
Heffernan Insurance Brokers
Targets
Costello Insurance Associates
Industry
Insurance
Location
Arizona, United States
Transaction Type
Buyout

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