SWBC Insurance Services, the insurance arm of diversified financial services company SWBC, announced yesterday the acquisition of San Antonio-based Levy & Levy & Lefton Insurance Agency.
Terms of the transaction were not disclosed.
Levy & Levy & Lefton is one of the oldest independent insurance agencies in San Antonio, having been founded in 1919.
Following the acquisition, Principal David Lefton will be named vice president of SWBC Insurance Services. Lefton joined Levy & Levy & Lefton with his father in 1969.
Reportedly, another person from Levy & Levy & Lefton will join SWBC Insurance Services.
Related Stories:
Blackstone Group frontrunner in Acrisure sale
Worldwide Facilities announces acquisition of Sloan Mason