World Insurance Associates Acquires SAS Insurance Agency
December 31, 2021
World Insurance Associates LLC (WIA), a Tinton Falls-based insurance consolidator, acquired SAS Insurance Agency, Inc. of Kearny, New Jersey effective December 31, 2021. SAS, founded in 1965 and owned by Michael Symeonides since 2002, will continue operating from its existing location with its professional staff as part of WIA's expanding broker network.
- Buyers
- World Insurance Associates LLC
- Targets
- SAS Insurance Agency, Inc.
- Sellers
- Michael Symeonides
- Industry
- Financial Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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