Mergers & Acquisitions
Relation Insurance Services Acquires the Assets of Mobeck Guandalini Insurance
Mobeck Guandalini Insurance transaction adds to Relation’s presence in Connecticut and further expands Relation’s offerings in the east
Walnut Creek, CA., September 13, 2022—Relation Insurance Services (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of Connecticut-based, Mobeck-Guandalini Insurance, Inc. Terms of the transaction were not disclosed.
Mobeck-Guandalini, is a multi-line brokerage and is headquartered in Branford, CT. Christopher Guandalini will continue to lead Mobeck-Guandalini under Relation going forward.
“Mobeck-Guandalini Insurance, Inc. provides high-quality services in Connecticut, and we are excited to have them join Relation,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation. “We look forward to partnering with Mobeck-Guandalini Insurance, Inc., and believe they’ll be an excellent fit for our team.”
About Relation Insurance Services
Relation Insurance Services is an insurance brokerage that offers superior risk-management and benefits-consulting services across the United States. It is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and has approximately 1,200 employees across more than 125 locations nationwide. Relation is a privately held corporation backed by Aquiline Capital Partners, a private equity firm based in New York and London investing in businesses globally across financial services and technology. Visit www.relationinsurance.com for more information.
M&A CONTACT
Tim Hall, EVP & Head of M&A
Relation Insurance Services, Inc.
P: 312-714-7279