Los Angeles, Ca. LA’s Best Insurance Services acquired Mid-C Insurance Services on May 30th, 2008. Terms of the transaction were not disclosed.
Mid-C Insurance was established 50 years ago and specializes in Personal Lines Insurance Coverage’s. Owner Christie Cummings said “We had several suitors interested in our agency but LA’s Best was the best candidate because they wanted to continue doing business the way our clients are accustomed to doing business.”
LA’s Best Insurance has several locations in Southern California and specializes in Auto and Home Insurance. Broker/Owner Daniel Corchado was elated to complete this acquisition and added “In this soft market this acquisition will help us attain our growth goals for 2008 and we look forward to serving the clients of Mid-C without interruption”.
Ganis Consulting a Los Angeles based Insurance Consulting firm that specializes in selling insurance agencies brought the parties together and assisted in closing the transaction. “We’d like all Insurance Agency Owners to know that if they want to sell or are considering selling in the next year to give us a call”.
Contact information for this Press Release:
Stuart Ganis
310.937.6200 Office
stuart@ganisco.com
Topics Mergers & Acquisitions Louisiana
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