World Insurance Associates Acquires Calhoun Agency
December 15, 2023
World Insurance Associates LLC acquired the business of Calhoun Agency, Inc. (Haddonfield, New Jersey) effective December 1, 2023; terms were not disclosed. Calhoun, founded in 1926, serves individual and business insurance clients in New Jersey and Pennsylvania and will join World’s national brokerage platform. Advisors to the deal included Giordano, Halleran & Ciesla and Hagner & Zohlman, LLC; Fortrust Diligence advised World.
- Targets
- Calhoun Agency, Inc.
- Platforms
- World Insurance Associates LLC
- Industry
- Insurance
- Location
- New Jersey, United States
- Transaction Type
- Addon
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