Safety Insurance Group, Inc. Announces Intent To Acquire Northeast Metrowest Insurance Agency
10/06/22, 1:03 PM
Location
aurora
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.