Michael F. Iacangelo & Company Inc. Acquired

World Insurance Associates LLC (“WIA”), a Top 50 Insurance Brokerage, announced that it has acquired Michael F. Iacangelo & Company Inc.  (“Iacangelo”)  of  Belleville, NJ  on September 1, 2022. Terms of the transaction were not disclosed.

Iacangelo was founded in 1957. They provide their customers with personal lines coverage including homeowners, auto, motorcycle and renters’ insurance, to name a few.

“We are an experienced agency, and we are proud to offer our customers a high level of customer service,” says Marjorie Iacangelo, Principal, Michael F. Iacangelo & Company, Inc. “As part of World, we will be able to offer our customers more products and services to meet their insurance needs.”

“On behalf of everyone at WIA, I’d like to welcome Iacangelo to the World family,” says Rich Eknoian, CEO and Co-Founder of WIA. “I know they will fit well within the World company.”

    Giordano, Halleran & Ciesla provided legal counsel to WIA. Gaccione Pomaco provided legal counsel to Iacangelo. No other advisors, diligence firms or legal counsel were disclosed.