Highstreet Insurance Partners (HSIP) has announced the acquisition of North Carolina-based Alta Benefits Agency.
The deal marks the 13th acquisition for HSIP in 2023 and its 153rd acquisition since the company's inception almost five years ago.
“We are delighted to welcome the Alta team and their clients to Highstreet,” said Scott Wick, founder and CEO of HSIP. “We continue to invest in our Employee Benefits segment, not only in the Southeast but throughout our entire platform. The expertise the Alta team brings will help all our clients in the Southeast region and beyond.”
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“Our strategy of partnering with community-based employee benefits expertise, combined with our deep personal and business insurance offerings, means more solutions for our clients,” said Karl Sherrill, chief revenue officer and president for the Southeast Region at HSIP.
In May, HSIP announced the acquisitions of Pennsylvania-based Yorke Agency and Maine-headquartered Curley & Associates. The month before, the national broker swooped for California-based Milestone Risk Management.
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