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Founded in 1970 and based in Philadelphia, Pennsylvania, Mid America Group, Inc. is a nationally recognized consultant and administrator of corporate and personal life insurance programs, executive benefit programs, and employee benefit plans. During its 35+ year history, the Company has developed into one of the premiere insurance planning firms in the country through three entities: Mid America Group, Inc., The Block Agency, Inc., and MAG Financial, Inc.
Seeing an opportunity to capitalize on obtaining a substantial purchase price premium and retain its goal to grow a world-class benefits organization from its existing base, Mid America Group engaged Curtis Securities to represent the Company in the sale to Gallagher Benefit Services, Inc., a subsidiary of Arthur J. Gallagher & Co. (NYSE: AJG).
Curtis Securities served as Mid America Group's exclusive financial advisor in connection with this transaction, assisting in structuring and negotiating the terms of the transaction.
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