Announced
Completed
Financials
Tags
insurance distribution
United States
Majority
Friendly
Single Bidder
Private
Life Insurance
Acquisition
Completed
Synopsis
Simplicity, a financial products distribution firm, completed the acquisition of Fidelity Financial Group, an independent insurance distribution company. Financial terms were not disclosed. "We are delighted to have Terry, Reid and their team as part of the growing Simplicity platform. FFG has been a leader in providing financial professionals with top-tier products and business support in the independent wholesaling space," Bruce Donaldson, Simplicity's President and Chief Executive Officer.
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