HSIP continues M&A spree

HSIP continues M&A spree | Insurance Business America

HSIP continues M&A spree

High Street Insurance Partners (HSIP) has announced that it has acquired Southeastern Agency Group (SAG), a full-service insurance firm based in Greensboro, N.C.

“Our rapid expansion bringing together like-minded agencies allows us to leverage our relationships to better serve our clients,” said Scott Wick, CEO of HSIP. “With this acquisition, we’re uniquely positioned to meet the full range of insurance solutions for current and future clients.”

“HSIP has a proven track record of success and industry leadership,” said Greg Myers, president of SAG. “We’re excited for all this means for our firm and our clients.”

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The acquisition is one of 17 finalized in December, making HSIP one of 2021’s most active brokerage firms in terms of acquisitions. In the last three years, HSIP has acquired 97 agencies. The firm has a geographical footprint that spans 23 states.