Tinton Falls-based World Insurance Associates LLC (WIA) on June 9 announced it acquired Family Tree Insurance Solutions Inc. (Family Tree) of Topeka Kan. on June 1. Terms of the transaction were not disclosed.
“We are pleased that Family Tree has joined the World family,” said Rich Eknoian, chief executive officer and co-founder of WIA. “Family Tree is well respected in the industry, and we look forward to expanding our business in the Topeka area.”
Family Tree offers a wide range of products including life, home auto and commercial insurance. It was founded in May 2016 by Anne Wardner and her sister Alexis Ribordy, both experienced insurance professionals.
“We understand what family means to our clients,” said Wardner, president and partner of Family Tree. “Our goal is to leave a legacy that our families can be proud of, and our passion is protecting yours.”
Giordano, Halleran & Ciesla provided legal counsel to WIA. No other advisors, diligence firms or legal counsel were disclosed.
Since its founding in 2012, WIA has completed 102 acquisitions and serves its customers from more than 132 offices in the U.S.