Keystone Expands to California by Acquiring Infinity Assurance Group
Insurance brokerage Keystone has acquired Infinity Assurance Group, marking its entry into the California market. This move represents a significant expansion onto the West Coast for the company.
Mechanicsburg, Pennsylvania – Keystone, a major independent insurance brokerage, has expanded into the California market with the acquisition of Infinity Assurance Group. This transaction marks the company's first entry into California and establishes Infinity Assurance Group as its initial platform partner in the state.
The financial terms of the acquisition were not disclosed by Keystone. The company has been pursuing a strategy of growth through both organic development and strategic acquisitions to bolster its market position.
This expansion into California is part of Keystone's broader objective to increase its national presence. The company aims to leverage its existing brokerage services and expand its reach within the insurance sector.
Keystone offers a range of insurance products and services to commercial and personal clients. The brokerage has reported significant growth in recent years and continues to seek opportunities for further expansion.