Announced
Completed
Financials
Tags
United States
Insurance Brokers
Private
insurance brokerage
Majority
Single Bidder
brokerage general agency
Acquisition
Domestic
Completed
Friendly
Synopsis
Simplicity, a financial product distribution company, completed the acquisition of IMS Associates, a brokerage general agency based in Orange County. Financial terms were not disclosed. "Sean and the entire IMS team will make a great addition to Simplicity. Their growth-minded approach and dedication to service has made them a success since IMS was founded by Brent Giroux in 1986. With a strong, young leader like Sean driving the business forward, we look forward to working together to help streamline efficiencies, add resources for their agents, and continue to expand their business," Bruce Donaldson, Simplicity President and CEO.
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