Relation Insurance Services Acquires York Insurance Services, Inc.
Relation Insurance Services ("Relation") acquired the assets of York Insurance Services, Inc. ("York"). The transaction went into effect on May 31, 2024; terms of the transaction were not disclosed.
"Joining Relation enables us to better serve our clients," said Walter "Butch" Tilley, Owner of York. "Relation's national resources and broad network of carrier relationships truly offer our clients access to the best coverage options for insurance that fits their needs."
Offering a full range of insurance products including auto, personal and business insurance, York is based in Forest Hill, Maryland. Butch Tilley will continue managing that office as a valuable part of the Relation family.
"York has built an outstanding reputation in their community and Relation is proud to welcome them aboard," said Tim Hall, Chief Executive Officer for Relation. "Their team brings tremendous long-term relationships as well as deep experience in providing comprehensive insurance solutions to their clients. We are excited to welcome them to our team."
About Relation's Mergers & Acquisitions
Relation Insurance Services is actively seeking partnerships to expand its offerings, industry expertise, and geographic footprint. Relation offers a seat at the table to insurance entrepreneurs with equity ownership opportunities and a people-first approach that optimizes outcomes for employees and clients. For more information on joining the Relation family of brands, visit relationinsurance.com/partner-with-us.
About Relation Insurance Services
Relation Insurance Services is an insurance brokerage firm that offers superior risk management and benefits consulting services across the United States. It is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and has approximately 1,350 employees across more than 137 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 CONTACTS
Nicolas Luque, Senior Director M&A
Relation Insurance Services
P: 312-690-4146
E: [email protected]
Scott Borcher, Director M&A
Relation Insurance Services
P: 312-870-9263
E: [email protected]
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