Mergers & Acquisitions
Relation Insurance Services, Inc. Acquires the Assets of Pitts Insurance Team
Walnut Creek, CA., September 23, 2021—Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of South Carolina-based Pitts Insurance Team (“Pitts Insurance”). Terms of the transaction were not disclosed.
Located in Columbia, South Carolina, Pitts Insurance is an independent agency providing business and personal insurance products to clients in Columbia and the surrounding areas.
“We are thrilled to welcome the Pitts Insurance team to Relation and are excited about growing our South Carolina footprint,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation. “The addition of Pitts Insurance further strengthens our growing South Carolina operations, and we look forward to serving and growing with the Pitts Insurance clients.”
About Relation Insurance Services, Inc.
Relation Insurance Services is an insurance brokerage that offers superior risk-management and benefits-consulting services through its family of brands across the United States. It is ranked by Insurance Journal within the top 35 largest agencies in the country by revenue and has approximately 1,000 employees across more than 100 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.
Tim Hall, EVP & Head of M&A
Relation Insurance Services, Inc.