AssuredPartners of Missouri, an AssuredPartners Inc. platform operation, has completed the asset acquisition of the AHM Financial Group LLC insurance business. The St. Louis, Mo.-based agency offers commercial, personal and employee benefits insurance for businesses and individuals.
AHM Financial Group reports revenues of about $17 million, making it one of the largest AssuredPartners acquisitions in 2013.
The AHM Financial Group acquisition marks the sixteenth deal for AssuredPartners in 2013. Under terms of the acquisition, the agency will continue to operate as AHM Financial Group. The transition will be seamless for existing AHM Financial Group clients.
As part of the acquisition, 100 AHM Financial Group employees will join AssuredPartners of Missouri. Operations are based out of St. Louis, and will continue under the leadership of Rich Harkwell and Chase Butler.
Source: AssuredPartners
Topics Mergers & Acquisitions Missouri
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