World Insurance Associates LLC (WIA) acquired PLA Insurance Services (PLA) of Harrisburg, Pennsylvania, on December 1, 2021. Terms of the transaction were not disclosed.
PLA is a full-service, multi-solution insurance brokerage firm, with more than 80 years of combined experience providing insurance solutions for the healthcare industry. Other areas of expertise include construction insurance, manufacturing insurance, agriculture and farm insurance and transportation insurance.
WIA is headquartered in Tinton Falls, New Jersey, and is a full-service insurance organization providing individuals and businesses with products and services across personal and commercial insurance lines, employee benefits, retirement and financial services and human capital management solutions. Since its founding in 2012, WIA has completed 132 acquisitions and serves its customers from more than 160 offices in the U.S.
Giordano, Halleran & Ciesla provided legal counsel to WIA, and Fortrust Diligence advised them on the transaction. Connell Foley provided legal counsel to PLA, and The Manhattan Group advised them on the transaction. No other advisors, diligence firms or legal counsel were disclosed.
Source: World Insurance Associates
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