M&A
confidence high
sentiment positive
materiality 0.35
Arrow Financial's Upstate Agency to acquire Skene Valley Agency in Washington County, N.Y.
ARROW FINANCIAL CORP
- Upstate Agency, LLC (Arrow Bank subsidiary) signed definitive agreement to buy Skene Valley Agency, Inc., an independent insurance agency.
- Skene Valley, based in Granville, NY, has satellite offices in Whitehall and Cambridge; founded 2002.
- Deal targeted to close by end of Q3 2026; Skene Valley will merge into Upstate Agency.
- Financial terms not disclosed; expansion deepens Upstate's Washington County presence.
- CEO David DeMarco cites strategic growth opportunity for Arrow Family of Companies.