Union Bay Acquisition LLC Acquires Livonia, MI-based Arlington Agency, Inc.

Union Bay Acquisition LLC, an aggregator of insurance agencies based in Lancaster, Pennsylvania, has acquired the assets of Arlington Agency, Inc., based in Livonia, Michigan. Terms were not disclosed. This is Union Bay’s eighteenth acquisition, and fifth in the state of Michigan.

Daniel L. Picano, Principal of Arlington Agency, stated, “Union Bay was a great deal partner, offering great terms and a quick close. We are confident that Arlington joining with Union Bay will benefit all of our stakeholders – both our insureds and our insurance company partners.”

Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted

“We are pleased to welcome Arlington Agency as we grow in Michigan,” said Douglas M. Polley, Chairman of Union Bay Acquisition. “Adding Arlington’s Livonia location to our portfolio means we have even more presence in Michigan, including our offices in Grand Rapids, Milford Township, and locations throughout the Thumb region in Eastern Michigan.”

Catch more Fintech Insights : The AI Shift in Fraud: Why Banks Need a New Playbook

[To share your insights with us, please write to [email protected] ]

The post Union Bay Acquisition LLC Acquires Livonia, MI-based Arlington Agency, Inc. appeared first on GlobalFinTechSeries.