Virginia’s Andrew Company Acquires Richmond Insurance coverage Company

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Virginia’s Andrew Company Acquires Richmond Insurance coverage Company

The Andrew Company has acquired Garriques, Lloyd & McMahon in Richmond, Virginia.

Based in 1963, GLM Insurance coverage is a third-generation family-owned company offering private and industrial insurance coverage all through Virginia and North Carolina.

The Andrews Company is an impartial company primarily based in Glen Allen, Virginia that serves the Mid-Atlantic area. The company additionally has an workplace in Maryland.

“This acquisition is a strategic transfer, which is able to speed up our development technique, and allow our staff to offer higher worth to purchasers, provider companions, and the neighborhood at giant,” said Ryan Andrew, president of The Andrew Company.

Phrases of the transaction weren’t disclosed.

Matters
Mergers & Acquisitions
Virginia

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