Oakbridge Insurance Agency, calling itself one of the largest independent agencies with partnerships around the country, has acquired another Georgia company.
Akin Insurance Agency, with offices in Vienna and Cordele, Georgia, specializes in agribusiness insurance and has been a family-run operation since 1954, the companies said in a news release. It was founded by Edith Akin and was purchased by Shannon Akin in 1967. The agency grew through sales, mergers and acquistions, including the 1981 purchase of Hall-Rainey Agency in Cordele.
Shan Akin, the current president, joined in 2008.
Atlanta-based Oakbridge, founded in 2020, has grown rapidly in recent years through acquisitions.
Topics Mergers & Acquisitions Georgia