High Street Insurance Partners Makes Move In North Carolina
Mergers & Acquisitions Daily News
2021 JUL 16 (NewsRx) -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- Full-service insurance brokerage, High Street Insurance Partners (HSIP), announced the acquisition of Hickory, North Carolina-based First Security Insurance (FSI). This is HSIP’s first agency partner in North Carolina. Terms of the transaction were not disclosed.
Founded in 1919, FSI has been specializing in customized business and personal insurance solutions for over a century. Charles Connor IV, Agency President and Karl Sherrill, Agency CEO will continue to lead FSI, who also have offices in Boone & Claremont, North Carolina. Additionally, Sherrill, will assume the role of Principal & Agency Operations Leader for HSIP, previously serving as Vice President and National Manufacturing Practice Leader at Marsh & McLennan Agency. Sherrill will report to Scott Goodreau, Managing Partner & Chief Operating Officer at HSIP. Keywords for this news article include: High Street Insurance Partners, Mergers and Acquisitions.
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