World Insurance Associates Charlesbank

By Thomas 30 Aug, 2020

The company offers property and casualty coverage including personal auto, homeowners, and commercial insurance products and services. Wia ceo rich eknoian said:

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The firm focuses on property and casualty insurance lines as well.

World insurance associates charlesbank. Under the deal, wia’s management team and employee shareholders will remain major shareholders alongside charlesbank. Further terms were not disclosed. Separately, world insurance associates announced that it has completed the previously announced majority investment from funds affiliated with charlesbank capital partners, a private equity firm.

World insurance associates has closed the previously announced majority investment from funds affiliated with charlesbank capital partners. Financial terms of the investment were not disclosed. Charlesbank completes growth investment in world insurance associates.

World insurance associates, llc operates as an insurance agency. As part of the transaction, the wia management. World insurance associates offers comprehensive insurance coverage, risk management strategies, and benefits consulting services for businesses.

Madison capital funding was the joint lead arranger. It has 40 offices in 11 states and has completed 53 acquisitions to date. As part of the transaction, the world insurance management team and employee shareholders remain major shareholders alongside.

The wia management team and employee shareholders will. Founded in 2012, world insurance associates offers comprehensive insurance coverage, risk management strategies, and benefits consulting services for businesses and individuals. World insurance acquires millennium medical solutions of new york.

As part of the funding, the wia management team and employee shareholders remain major shareholders alongside charlesbank. Funds affiliated with private equity firm charlesbank capital partners llc completed a majority investment in insurance brokerage world insurance associates llc. Madison capital funding closed a $233,000,000 senior debt facility to finance a leveraged buyout of world insurance associates, llc by charlesbank capital partners.

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