Brown & Brown Inc. acquired substantially all of the assets of Ladd's Agency Inc. The acquisition includes certain assets of two wholly owned subsidiaries of Ladd's Agency.
|The purchase price was not disclosed, but Brown & Brown said Ladd's Agency has annual revenue of about $1.4 million. The agency and its predecessors have been providing insurance products and services to businesses and individuals in the Greater Syracuse, N.Y., metropolitan area since 1928.
|The seller was Alliance Financial Corp., an independent financial holding company headquartered in Syracuse.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
