Stone Point Capital-backed Alliant Insurance Services has acquired Melcher & Prescott, an independent, full-service insurance agency and brokerage headquartered in Laconia, New Hampshire. Founded in 1862, Melcher & Prescott provides commercial insurance, employee benefits and personal, life and health insurance to businesses and individuals across New England and surrounding areas. The acquisition expands Alliant's presence in the Northeast and will see Melcher & Prescott transition to operate under the Alliant name.
Irvine, California-based Alliant operates through a network of specialized national platforms and local offices. Editor's note: This news brief was produced with the assistance of artificial intelligence.
Source: PE Hub · Summarized by HeadlinesBriefing