Announced
Financials
Sources
Tags
Property and Casualty Insurance
Friendly
commercial trucking insurance
Pending
Majority
Acquisition
Single Bidder
United States
Private
Synopsis
World Insurance Associates, an insurance agency, agreed to acquire McMillan Insurance Group, a provider of customized commercial trucking insurance solutions for trucking enterprises of all sizes. Financial terms were not disclosed. “McMillan Insurance Group’s expertise in the trucking industry and commitment to excellent customer service will enhance World’s growing transportation division. Expanding into Texas will allow us to better distribute our niche products in a new region,” Rich Eknoian, World Insurance Associates CEO and Co-Founder.
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