World Insurance Associates LLC (WIA) has acquired Peoples/Commercial Insurance Services LLC (d/b/a Peoples Insurance Group) in Topeka, Kansas.
The transaction, the terms of which were not disclosed, was effective Aug. 1.
Peoples Insurance Group, founded in 1917, is the largest locally owned independent agency in Topeka. The agency offers several lines of insurance, including personal, business, commercial, life, disability and bonds.
Giordano, Halleran & Ciesla provided legal counsel to WIA, and Smith Law Firm provided legal counsel for Peoples Insurance Group. Scali Group LLC advised WIA on the transaction. No other advisors or diligence firms were disclosed.
World Insurance Associates LLC is headquartered in Tinton Falls, N.J.
Source: World Insurance Associates
Topics Mergers & Acquisitions Kansas
Was this article valuable?
Here are more articles you may enjoy.
AT&T Says Data From Around 109M Customer Accounts Illegally Downloaded 
What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns. 
Deere Retreats From Diversity Measures After Online Attacks 
Man Admits to Tracking Drivers, Programming Keys, Stealing and Reselling Vehicles 
