M&A
confidence high
sentiment positive
materiality 0.60
Safety Insurance Group signs LOI to acquire Northeast Metrowest Insurance Agency
SAFETY INSURANCE GROUP INC
- Non-binding LOI to acquire agency with over $40M in policy premiums.
- Expected close Q4 2022, subject to customary conditions.
- Agency to operate as stand-alone; Scott Bulger to continue leadership.
- Offices in Auburn, Falmouth, Needham, Westborough to remain open.