Simplicity completed the acquisition of Coastal Insurance Consulting.

Simplicity, a financial product distribution company, completed the acquisition of Coastal Insurance Consulting, a brokerage agency that provides insurance products. Financial terms were not disclosed. "Coastal's team is a first-rate group whom we are thrilled to welcome to Simplicity. Our unrivalled partnership will help Coastal realize the benefits of scale across their business, which will immediately benefit their agents and their agents' clients," Bruce Donaldson, Simplicity President and CEO.