Brooke Franchise Corp. has agreed to buy 60 insurance agency locations, including four in the Kansas City area, from companies related to J and P Holdings Inc.
The agency locations are in Missouri, Kansas, Colorado, Texas and Illinois, Overland Park-based Brooke Corp.
Brooke Franchise’s parent, said in a release Thursday. J and P Holdings is based in suburban Chicago.Financial terms of the transaction weren’t disclosed. The deal is expected to close on Friday.
The agencies sell auto insurance under the trade names Lone Star Auto, Insurance Xpress, Car Insurance Store, Hallberg Insurance Agency and Hallberg Xpress, Brooke Corp. said in the release.
Brooke Franchise Chairman and CEO Kyle Garst said in an interview that the acquired locations will be converted to Brooke Insurance franchises or merged into existing ones.
Business » Brooke Franchise Will Buy 60 Insurance Agency Locations on September 28th, 2007 at 1:14 pm
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Judfinal.Com » Brooke Franchise Will Buy 60 Insurance Agency Locations on September 28th, 2007 at 2:02 pm
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insurance » Brooke Franchise Will Buy 60 Insurance Agency Locations on September 30th, 2007 at 7:24 pm
[…] unknown wrote an interesting post today onHere’s a quick excerptThe agencies sell auto insurance under the trade names Lone Star Auto, Insurance Xpress, Car Insurance Store, Hallberg Insurance Agency and Hallberg Xpress, Brooke Corp. said in the release. Brooke Franchise Chairman and CEO Kyle Garst … […]
Car Insurance » Brooke Franchise Will Buy 60 Insurance Agency Locations on October 13th, 2007 at 6:08 pm
[…] Mark wrote an interesting post today on Brooke Franchise Will Buy 60 Insurance Agency LocationsHere’s a quick excerptJ and P Holdings is based in suburban Chicago.Financial terms of the transaction weren’t disclosed. The deal is expected to close on Friday. The agencies sell auto insurance under the trade names Lone Star Auto, Insurance Xpress, Car … […]
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