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World Insurance Associates acquires Pellechio Family Agency

PRIVATESep 03, 20263 days ago

Acquiring Company

World Insurance Associates

Acquired Company

Pellechio Family Agency

New JerseyProfessional ServicesFinancial ServicesInsurance

Description

World Insurance Associates LLC has acquired the business of Pellechio Family Agency on May 1, 2026. This acquisition allows Pellechio to offer additional products and services to its customers. The move strengthens World Insurance Associates' presence in New Jersey and enhances their service offerings.

Company Information

Company

World Insurance Associates

About

World Insurance Associates LLC (World) is headquartered in Tinton Falls, N.J., and is a full-service insurance organization providing individuals and businesses with top products and services across personal and commercial insurance lines, employee benefits, retirement and financial services and human capital management solutions. Since its founding in 2012, World has completed 132 acquisitions and serves its customers from more than 160 offices in the U.S. World is ranked #2 on Business Insurance’s Fastest Growing Brokers list, #53 on Business Insurance’s 100 Largest Brokers of U.S. Business list, #31 on Insurance Journal’s Top 100 Independent P&C Agencies list, and #38 on Insurance Journal’s Top 50 Personal Lines Agencies list. For more information, please visit www.worldinsurance.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Pellechio Family Agency?

Pellechio Family Agency was acquired by World Insurance Associates. The deal was reported on September 3, 2026. World Insurance Associates is privately held and operates in Professional Services.

When did World Insurance Associates acquire Pellechio Family Agency?

World Insurance Associates's acquisition of Pellechio Family Agency was reported on September 3, 2026. World Insurance Associates LLC has acquired the business of Pellechio Family Agency on May 1, 2026. This acquisition allows Pellechio to offer additional products and services to its customers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pellechio Family Agency do?

Since 2017, Pellechio Family Agency has been providing commercial and personal insurance to its customers. They focus on helping clients understand their coverage options and offer tailored solutions. It is privately held, operating in Insurance, and is based in New Jersey.

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