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Ascension Insurance Inc. has acquired of Employers Mutual Inc., based in Stuart, Fla.

Headquartered in Kansas City, Mo., Ascension is a nationwide insurance and employee benefits agency providing high-level brokerage and risk management services specifically to middle-market companies nationwide. With its private equity partners, Parthenon Capital and Century Capital Management, Ascension Insurance Inc., expects to grow to $200 million in revenue over the next five years.

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