World Insurance Associates on Tuesday announced it acquired the Woody Insurance Group of Prairie Village, Kansas, on Aug. 1.
Terms of the transaction were not disclosed.
Woody Insurance Group has been providing insurance to individuals and businesses in the Kansas and Missouri communities for over 20 years. It also has a focus on the construction industry.
“Our top goal is to make the insurance-buying process easy and thorough for our customers,” Chris Woody, president, the Woody Insurance Group, stated. “We provide highly customized solutions to any business or personal need and look forward to continuing this approach as part of World.”
“I’m pleased to welcome Woody Insurance to the World family,” Rich Eknoian, co-founder and CEO of Iselin-based WIA, said. “They are well known for their unparalleled customer service and will be a nice fit within the World company.”
Giordano, Halleran & Ciesla provided legal counsel to WIA. Myers Longhofer LLC provided legal counsel to the Woody Insurance Group. No other advisers, diligence firms or legal counsel were disclosed.
Since its founding in 2011, World has completed 155 acquisitions and serves its customers from more than 250 offices across the United States.