PointeNorth announces additional acquisitions in 2024.
ATLANTA, July 1, 2024
/PRNewswire-PRWeb/ -- PointeNorth Insurance Group, LLC (PNIG), one
of the largest independent insurance agencies in the Southeast with
local ownership, announces the acquisitions of Valdosta Insurance
Services and Southern Insurance Advisors.
"Our hybrid model of acquisition with the
potential for equity is an attractive option for experienced
producers who may wish to consider joining us." -William "Bill"
Skeeles, President and CEO of PointeNorth Insurance Group
PointeNorth provides growth opportunities for agencies looking
to partner with an organization that can invest in their future
success. PointeNorth offers agents a perpetuation strategy that may
include equity and provides continued employment and advancement
opportunities for their employees.
Valdosta Insurance Services, Inc. is based in Valdosta, Georgia, and provides property and
casualty insurance, employee benefits and individual life insurance
products. The company is led by Julian C. "Trey" Sherwood III,
Principal and President, and H. Byron
Courson, Principal and Vice President. Sherwood and Courson
will lead the company post-acquisition, and it will continue to
operate under the Valdosta Insurance Services brand. Sherwood is
now part of the PointeNorth leadership team, and Courson and
Sherwood will help build out southern and mid-Georgia and northern Florida operations.
"Byron and I are extremely excited to join the PointeNorth
family. We have been looking at mergers for more than five years
and our culture fits very well with PointeNorth," comments
Sherwood. "It was important for us to take care of our employees
and make sure the transition would be seamless for our customers.
Our people are the same, our name is the same, our location is the
same, and the service our clients have come to expect from us will
certainly not change. All of us here at Valdosta Insurance Services
are looking forward to our future with all our clients and our new
partners."
"Our partnership with Trey
Sherwood and Byron Courson
and their team is part of a strategy that allows those of us in the
independent agency system to remain just that–independent.
Independence in the marketplace serves our customers well,
positioning us to offer a variety of options when developing
insurance solutions that support their business and protect their
homes and assets. Valdosta Insurance Services is a respected agency
that has a long history of providing valuable solutions and
services to those in their community," comments William "Bill"
Skeeles, President and CEO of PointeNorth Insurance Group.
Southern Insurance Advisors is based in Milton, Georgia, and provides property and casualty
insurance solutions. The company is led by Kevin DiPetrillo and will operate under the
PointeNorth Insurance Group brand.
"I'm excited to join PointeNorth. They bring tremendous
resources to our existing clients, which improves the quality of
our service and products," comments DiPetrillo. "PointeNorth is
experienced in developing niche practice areas with specialized
programs, and we plan to leverage that to help the technology
industry and our community. Our partnership is also beneficial for
our employees and their families as they enjoy the support and
other advantages of a larger organization. Every member of the
PointeNorth team has been kind, welcoming, and helpful through the
transition. It's the rare transaction with wins all around."
"Bringing Kevin DiPetrillo and his team at Southern Insurance
Advisors on board allows us to continue to build out our technology
and affluent personal lines practices," comments Skeeles.
"PointeNorth continues its focus on growth, both through
acquisition and the continued expansion of our Producer Development
Program. We have built a solid base and are putting more resources
into expanding our footprint through acquisition and talent
recruitment and development. Our hybrid model of acquisition with
the potential for equity is an attractive option for experienced
producers who may wish to consider joining us."
About PointeNorth Insurance Group:
PointeNorth has acquired more than 50 agencies and books of
business and is one of the largest independent agencies in the
Southeast. Their core strategies for 2024 and 2025 include the
expansion of PointeNorth Transportation, the company's
transportation practice, beyond its current footprint to a national
focus. PointeNorth will continue its aggressive pace for Property
& Casualty merger and acquisition partnership opportunities
throughout the Southeast. PointeNorth Insurance Group, LLC operates
from 15 locations and is headquartered at 1000 Parkwood Circle,
Suite 600, Atlanta, Georgia,
30339. For more information, visit www.PointeNorthins.com.
Media Contact
Katie Skeeles, PointeNorth
Insurance Group, 1 770-858-7540, katie.skeeles@pninsurance.com,
https://pointenorthins.com
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SOURCE PointeNorth Insurance Group