For Immediate Release
Arrowhead acquires Managing General Agency, Trafalgar Marine
New York, New York— May 17, 2011 – Merger & Acquisition Services Inc. (M&A), a leading insurance intermediary and boutique investment bank, announced today that it successfully completed the sale of Trafalgar Marine Insurance Services, Inc. Trafalgar Marine Insurance Services was acquired by Arrowhead General Insurance Agency, Inc. “I am very pleased to announce the successful conclusion of the sale of Trafalgar Marine Insurance,” said Christopher Hughes, Director, M&A. “This has been a very rewarding experience for both our client and Arrowhead.” Cary Breese, President of Trafalgar, said, “I am very pleased to be leaving Trafalgar and its employees in the extremely capable hands of Arrowhead and its very impressive team. I am sure this will be a hugely successful venture for Arrowhead and Trafalgar!” Trafalgar Marine Insurance is a specialty provider of Marine and high net worth personal lines insurance products to retail agents, operating in 48 states throughout the U.S. Arrowhead General Insurance Agency is a national insurance program manager based in San Diego, CA. “We are thrilled to be Trafalgar’s new partner and look forward to maintaining the legacy that Cary has built in the firm. We staunchly believe that the combination of our two firms will make Trafalgar an even more meaningful franchise,” said Mac Armstrong, CFO, Arrowhead.
About Merger & Acquisition Services, Inc.
Merger & Acquisition Services, Inc. is a specialist advisory and financial services Firm to the insurance and reinsurance industry, with offices in New York, Connecticut, Georgia & Cayman Islands. Founded in 1999, the Firm and its affiliates provides investment banking and insurance consulting services globally, including; merger & acquisition advisory capital raising, valuations, program placement/fronting, and reinsurance advisory. Merger & Acquisition Capital Services, LLC., a registered broker-dealer and member FINRA / SIPC, is an affiliate of Merger & Acquisition Services, Inc.
To learn more about Merger & Acquisition Services, visit https://maservices.com.