Keyes Coverage Further Expands Footprint with Strategic Acquisitions: Keystone Agency Partners - Insurance News | InsuranceNewsNet

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July 4, 2024 Newswires
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Keyes Coverage Further Expands Footprint with Strategic Acquisitions: Keystone Agency Partners

Mergers & Acquisitions Daily News

2024 JUL 04 (NewsRx) -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- Keyes Coverage, a rapidly growing insurance broker, has announced the acquisition of A & C Insurance and Suntree Insurance, significantly expanding its presence north of Southern Florida and strengthening its position in the Melbourne area.

A & C Insurance, a prominent commercial insurance agency for over 30 years, brings a wealth of expertise in serving businesses, while Suntree Insurance, a respected personal lines agency, enhances Keyes Coverage’s capabilities in serving individuals and families.

These milestones mark Keyes Coverage’s 11th and 12th acquisition in the past three years, demonstrating the agency’s rapid growth and strategic expansion strategy. Keyes Coverage has experienced a remarkable three-year growth trajectory, doubling in size with significant growth in both revenues and employee count since 2021.

ā€œWe’re thrilled to welcome A&C Insurance and Suntree Insurance to the Keyes Coverage family,ā€ said David Ragno, CEO of Keyes Coverage. ā€œThese acquisitions align with our strategic growth plan, enabling us to better serve our clients and expand our reach in the region.ā€

Wayne Glisson, former Principal of A&C Insurance, will join the Keyes Coverage team, ensuring a seamless transition for clients. ā€œWe’re excited to join forces with Keyes Coverage, leveraging their resources and expertise to better serve our clients,ā€ said Glisson.

ā€œAs we continue to grow and expand, our commitment to exceptional service and personalized attention remains unwavering,ā€ said David Ragno. ā€œOur success is a testament to the trust our clients have placed in us, and we’re proud to be one of the fastest-growing brokers in Florida.ā€

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