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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