DALLAS —April 2, 2019 — Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has entered into a definitive agreement to acquire MultiState Insurance Center, Inc. (“MultiState” or “the Company”).
Based in Grand Haven, Michigan, MultiState is a second-generation, family-owned and operated agency specializing in Medicare Supplement and Final Expense insurance. As part of the deal, MultiState owner and CEO Karen Fredricks becomes an owner in Integrity. Financial terms of the private transaction were not disclosed.
“My father started MultiState over 45 years ago and I was born into the business. We’ve always had the motto to ‘do the right thing,’ and Integrity is the right platform to take MultiState to the next level,” said Fredricks.
“We’re very proud to partner with Karen and her entire team at MultiState,” said Bryan W. Adams, Co-Founder & CEO of Integrity. “MultiState is a fast-growing agency that provides exceptional service to their agents and agencies, and we are excited to provide their team with additional resources to continue to grow and expand.”
About Integrity Marketing Group
Integrity Marketing Group, headquartered in Dallas, Texas, is the leading independent distributor of life and health insurance products focused on serving Americans. Integrity develops exclusive products with insurance carrier partners and markets these products through its distribution network that includes other large insurance agencies throughout the country. Integrity’s more than 1,500 employees work with 275,000 independent agents who service over 6 million clients annually. In 2020, Integrity expects to help insurance carriers place $3 billion in new premium.