Deal snapshot: BANCORPSOUTH INSURANCE SERVICES ACQUIRES ASSETS OF LOUISIANA AGENCY.
Tupelo, Mississippi-based financial holding company BancorpSouth, Inc.'s (NYSE: BXS) BancorpSouth Insurance Services, Inc. insurance brokerage unit has acquired certain assets of Gonzales, Louisiana-based insurance agency Waguespack and Associates Insurance, Inc., the company said.
BancorpSouth Insurance Services, Inc., a wholly-owned subsidiary of BancorpSouth, Inc.'s BancorpSouth Bank, is licensed in all 50 states. BXSI currently operates 34 offices, with more than 650 insurance and risk management professionals ready to provide local expertise backed by worldwide resources. BancorpSouth is a financial holding company headquartered in, with USD 14.6bn in assets.
Target: Waguespack and Associates Insurance
Buyer: BancorpSouth Insurance Services
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Dec 21, 2016|
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