Simplicity Group Acquires Concourse Financial Group Agency from Protective Life
October 8, 2024
Simplicity Group Holdings, Inc. has acquired Concourse Financial Group Agency (CFGA), a brokerage general agency formerly First Protective, from Protective Life Corporation. CFGA will be merged into Simplicity and remain led by key managers and sales professionals while gaining access to Simplicity's sales, marketing and employee-ownership programs; financial terms were not disclosed.
- Targets
- Concourse Financial Group Agency
- Sellers
- Protective Life Corporation
- Industry
- Financial Services
- Location
- Alabama, United States
- Transaction Type
- Divestiture
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