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Elmwood Agency Acquires Oasis Group & Associates, Moves Headquarters To Pittsford, Ny

Oct 25, 2021•about 4 years ago

Acquiring Company

Elmwood Agency

Acquired Company

Oasis Group & Associates

Food And Beverage

Description

Rochester insurance agency, Elmwood Agency, has absorbed the Buffalo-based Oasis Group & Associates, LLC. Elmwood Agency, who provide homeowners insurance, auto insurance, and various other products, has experienced significant growth since opening their doors in 2019.

Company Information

Company

Elmwood Agency

About

Elmwood Agency is an independent insurance agency based in Rochester, NY, who specialize exclusively in individual and family policies. Licensed in New York, Florida, and Texas, the company is comprised of team of licensed brokers who help customers find coverage that truly defines their evolving needs. Whether it's a property, a vehicle, or their most cherished possessions, Elmwood Agency believes in providing a stress-free, rewarding experience that helps customers get the best coverage and the peace of mind their loved ones deserve. To learn more about Elmwood Agency or to schedule an appointment, you can call 585-548-4500 or send an email to their contact form. SOURCE Elmwood Agency

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