Reliance Partners is acquiring Sacramento, Calif.-based CTS Insurance Agency.
Terms of the deal were not disclosed.
The combination expands Reliance Partners’ transportation and logistics footprint to the West Coast.
David Hicks, formerly of CTS, will be leading the new office in Sacramento.
Reliance Partners is based in Chattanooga, Tenn.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’
NAIC Victim of Cyber Incident Via PeopleSoft System
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 

