Árachas Group continues growth while enhancing
services for clients
BARTLETT, Ill., July 9, 2024
/PRNewswire/ -- Árachas Group, a leading independent insurance
and risk management company, has acquired the Paladin Group, a
trucking-focused agency based in Cedar
Falls, Iowa. This strategic move enhances Árachas Group's
footprint and strength in its already robust trucking division.
The acquisition brings new technology that will elevate the
customer experience, as well as 50 talented employees who will join
the Árachas Group family. Corey
Schatz, former CEO of Paladin Group, will now serve as
President of Árachas Group's trucking division.
"We're thrilled to welcome Paladin Group to the Árachas Group
family," said William Sullivan, CEO
of Árachas Group. "This acquisition not only expands our presence
in the trucking industry but also brings innovative technology and
expertise that will benefit our clients."
"The combination of Paladin's specialized knowledge and Árachas
Group's experience and resources will drive growth and success for
our clients," added Corey Schatz.
"We're excited to join forces and take our trucking division to the
next level."
This acquisition comes on the heels of Árachas Group being named
Keystone Insurers Group Agency of the Year in 2023, a testament to
the company's commitment to excellence and client satisfaction.
Árachas Group is dedicated to ensuring a smooth transition for
Paladin Group clients, consistent with their approach in previous
acquisitions. The Árachas Group is excited to welcome Paladin Group
clients to their agency and look forward to delivering the same
high level of service they have come to expect, now enhanced by
their collective strength and capabilities.
About Árachas Group
Árachas Group is a trusted
independent insurance and risk management company, serving clients
in all 50 states with business, employee benefits, and personal
solutions. With a client-centric approach, strong carrier
partnerships, and exceptional service, Árachas Group delivers
tailored insurance policies that protect clients' valuable assets.
For more information, please visit: www.arachasgroup.com.
Árachas Group is a platform partner of Keystone Agency
Partners ("KAP").
About Keystone Agency Partners
Keystone Agency
Partners is a rapidly growing insurance brokerage platform that
acquires and partners with independent insurance agencies
throughout the United States. KAP
provides best-in-class services and capital investment that unlocks
potential and delivers outsized and profitable growth within its
platform agencies. Keystone Agency Partners was founded in 2020 in
partnership with Keystone Insurers Group, Inc. and affiliates of
Bain Capital, LP. For more information, please
visit: www.keystoneagencypartners.com.
Media Inquiries
Bethany
Snyder, Árachas Group | Chief of Staff
bsnyder@arachasgroup.com
330-620-1128
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SOURCE Keystone Agency Partners