IMA Financial Group Acquires Diversified Insurance Group
August 4, 2021
IMA Financial Group expanded into Salt Lake City by acquiring Diversified Insurance Group, effective Aug. 1, 2021. Diversified will operate as a division of IMA with its name and leadership (CEO Spence Hoole) retained; the ~70-employee firm brings technology, life-sciences and construction/transportation insurance capabilities to IMA's platform.
- Buyers
- IMA Financial Group
- Targets
- Diversified Insurance Group
- Industry
- Insurance
- Location
- Utah, United States
- Transaction Type
- Buyout
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