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Safety Insurance Group, Inc. Announces Intent To Acquire Northeast Metrowest Insurance Agency

Safety Insurance Group, Inc. Announces Intent To Acquire Northeast Metrowest Insurance Agency

10/06/22, 1:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaurora
Industry
community and lifestyle
Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or “the Company”) today announced the execution of a non-binding Letter of Intent to acquire, through a wholly-owned subsidiary, the assets and operations of Northeast Insurance Agency, Inc (“Northeast / Metrowest”). The transaction will be subject to customary conditions and is expected to be completed in the fourth quarter of 2022.

Company Info

Company
Safety
Location
Aurora, Colorado, United States
Company info
Throughout Oregon, Idaho, Washington, and Montana, the company has 25 rotor-wing bases, nine fixed-wing bases, and two neonatal and pediatric bases and operates 30 ground ambulances.