World Insurance Associates Acquires Morris Insurance Group
May 16, 2023
World Insurance Associates LLC acquired the business of Morris Insurance Group, Inc. (Clinton Township and Rochester, Michigan) effective April 1, 2023; terms were not disclosed. Morris Insurance is a full-service agency offering personal, commercial, health and life insurance, and the deal expands World’s national broker footprint as part of its ongoing roll-up strategy.
- Buyers
- World Insurance Associates LLC
- Targets
- Morris Insurance Group, Inc.
- Sellers
- Morris Insurance Group, Inc.
- Industry
- Insurance
- Location
- Michigan, United States
- Transaction Type
- Buyout
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