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Deal snapshot: TEXAS INSURANCE BROKERS HIGGINBOTHAM, PAINTER AND JOHNSON MERGE CENTRAL TEXAS OPERATIONS.

MANews-(C)2009-2017

Texas, US-based insurance and financial services providers Higginbotham and Painter and Johnson Financial have merged their insurance operations in Central Texas, the companies said.

Higginbotham is headquartered in Fort Worth and ranked by revenue as the largest Texas-based independent insurance broker, now with a workforce nearing 900 property/casualty insurance and employee benefit professionals. Painter and Johnson Financial is a broker of insurance, securities and employee benefits, based in Brownwood, Texas.

Country: USA

Sector: Insurance

Target: Painter and Johnson Financial

Buyer: Higginbotham

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Article Type:Company rankings
Geographic Code:1U7TX
Date:Jun 27, 2017
Words:106
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