Johnson & Strachan Inc., a commercial and personal insurance agency in Fairfax, Va., has acquired Progressive Management Associates, Inc., an independent insurance agency specializing in employee benefits.
Under terms of the acquisition, Carlos Ortega, owner of PMA, will join Johnson & Strachan in its offices in Fairfax, Va.
Jeff Johnson, president of Johnson & Strachan, said the acquisition of PMA, Inc. is another step in Johnson & Strachan’s strategic plan for growing its employee benefits insurance business.
Source: Johnson & Strachan
www.jsinsurance.com.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Wildfires Race Across US as Drought Spans Half the Nation 
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 
US E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders 
