Montvale, N.J.-based wholesale broker Jimcor Agencies Inc. has acquired Zaloom Associates Inc. of Lodi, N.J. Financial terms of the transaction were not released.

Founded in 1993, Zaloom is a wholesale managing general agency operation writing with admitted carriers, both privately and publicly held, Jimcor said.

Gerald Zaloom, chief executive officer of Zaloom Associates, and seven employees will join Jimcor in its Montvale office.

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