EASLEY HEDRICK INSURANCE ACQUIRES MULTIPLE VIRGINIA AGENCIES Acquisitions provide an expanded company footprint with offices in southwestern VA 
 
 Richmond, VA, (September 21, 2018) – Easley Hedrick Insurance & Financial announced today that it has made multiple strategic acquisitions throughout Virginia. The following insurance agencies are now part of the Easley Hedrick insurance family: 

• Moncure Insurance Agency Inc, with operations in Mechanicsville 

• Sam Nichols, Nationwide agent, with operations in Gretna and Bedford

 • Roy R Yeatts, Nationwide agent with operations in Farmville

 • Brandon Scearce Insurance Agency, Inc. with operations in South Boston

 •Eric Arthur Jr. Insurance Services Inc. with operations in South Boston  

The company’s decision to expand was based on its strategic desire to expand it mission -- to protect communities one person at a time. “It was with mutual, careful consideration that Easley Hedrick acquired five additional insurance practices,” said Brandon Hedrick, Chief Executive Officer, Easley Hedrick Insurance & Financial. “We built our company on family and experience -- it is vital that any company we acquire now, or in the future, have the same guiding principles,” he continued.  Terms of the acquisitions were not disclosed however all deals were closed by September 1, 2018. The expanded Easley Hedrick agency offers personal and corporate insurance with more than 25 products, including farm and IT security, from dozens of carriers. Prior to the acquisitions, Easley Hedrick had 15 employees. “We are pleased to report that all 12 employees from the impacted agencies are now part of our expanded team, said Hedrick. “We nearly doubled in employees and, due in part to these acquisitions, we expect to double our revenue this fiscal year.”  “By combining the resources of our agencies, we are able to provide more knowledge, resources and products for our existing customers and an expanded market base, said Sam Nichols, Nationwide agent whose company is now part of Easley Hedrick. “Its a win-win for everyone.”  

About Easley Hedrick The Easley Hedrick Insurance & Financial Agency is a multi-line insurance agency serving the needs of its personal and business customers throughout Virginia and North Carolina. With more than 200 years of combined insurance experience, our agents and brokers maintain indepth knowledge of the industry and its vast product offerings.  
 

Posted 11:15 AM

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