Highstreet Insurance Partners in Traverse City has announced the acquisition of North Carolina-based Alta Benefits Agency, marking Highstreet’s 13th acquisition of 2023 and 153rd since forming the insurance agency in 2018.
Terms of the transaction were not disclosed.
“We are delighted to welcome the Alta team and their clients to Highstreet. We continue to invest in our Employee Benefits segment, not only in the Southeast but throughout our entire platform,” says Scott Wick, founder and CEO of Highstreet. “The expertise the Alta team brings will help all our clients in the Southeast region and beyond.”
Karl Sherrill, chief revenue officer and president of the southeast region, comments, “Our strategy of partnering with community-based Employee Benefits expertise combined with our deep personal and business insurance offerings means more solutions for our clients.”
Highstreet Insurance Partners, a full-service independent insurance agency, provides a broad array of business insurance, employee benefits, personal insurance, retirement services, and specialty risk solutions that are delivered through community focused agencies.
Through its partnerships, Highstreet works more than150 insurance agencies in the U.S., which collectively have 2,300 employees.
For more information, visit hsip.com.
