World Insurance Associates Acquires Strovis Holdings, LLC
December 17, 2020
World Insurance Associates LLC (WIA), a Top 100 insurance brokerage headquartered in Tinton Falls, New Jersey, acquired Strovis Holdings, LLC and its subsidiaries Strovis Insurance, Strovis Payroll & HR, and Strovis Benefits of Georgetown, South Carolina (effective November 1, 2020). The acquisition expands World’s property & casualty and employee benefits capabilities in South Carolina while adding payroll and HR technology and services to its offering; terms were not disclosed.
- Buyers
- World Insurance Associates LLC
- Targets
- Strovis Holdings, LLC
- Industry
- Insurance
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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