Mergers & Acquisitions
Relation Insurance Acquires the Assets of Bohannon Insurance Group
Walnut Creek, CA., June 28, 2022—Relation Insurance Services (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of California-based Bohannon Insurance Group (“Bohannon”). Terms of the transaction were not disclosed.
Bohannon specializes in Medicare plans and health and group medical insurance and is based in Modesto, CA. Bohannon will join Relation’s West Region and Debbie Pope and Rick Fairbanks will continue to lead Bohannon under Relation.
“We are thrilled to have the Bohannon Insurance Group join our team,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation. “Bohannon’s experience and knowledge in Medicare and medical insurance solutions will enhance our services provided in the Western Region.”
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 35 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