Alliant Insurance Services has acquired Todd Garibaldi Insurance Agency Inc. in Lodi, Calif.
Terms of the deal were not disclosed.
Garibaldi will join Alliant as senior vice president in agribusiness and food services. Todd Garibaldi Insurance Agency will become Todd Garibaldi Insurance Agency, a division of Alliant Insurance Services, Inc. and will continue to provide client services in Lodi.
The deal is part of Alliant’s growth plan, which focuses on specialty industries such as agribusiness, construction, public entity, energy, tribal nations, and employee benefits. TGI is the second agribusiness-focused agency Alliant has acquired this year.
Todd Garibaldi Insurance Agency’s clientele include farmers, wineries, and restaurants, as well as fruit and vegetable growers, packagers and processors.
Newport Beach, Calif.-based Alliant provides property/casualty, workers’ compensation, employee benefits, surety, and financial products and services.
Topics Mergers & Acquisitions California Agribusiness Alliant
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