Announced
Completed
Synopsis
Krause Brokerage Services, a Wisconsin-based insurance brokerage firm specializing in long-term care planning solutions, completed the acquisition of LTC Solutions, a licensed long-term care specialty firm, from Central States, a broker-dealer and registered investment adviser firm. Financial terms were not disclosed. "I could not be happier with the acquisition and the opportunity to work with the staff at Krause Brokerage Services. Krause has joined forces with a well-established, profitable company while planning to maintain its current management, staff and leadership. Then, after seeding some additional human resources and financial capital into the new acquisition, we can watch it grow together, George Mellendorf, LTC Solutions President and Founder.
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