FORT WAYNE, INDIANA – Ash Brokerage, the largest privately held insurance brokerage in the United States, continues to grow with the acquisition of Zenith Marketing Group, the companies announced today.
Leaders say the deal comes as a result of a long-standing relationship between the two firms, and they are excited for the opportunities ahead for both companies.
“We’re extremely proud to partner with the team at Zenith, who is well respected in the insurance industry and shares our core values and culture,” said Tim Ash, CEO of Ash Brokerage. “Our scale, infrastructure and technology will give their team even more opportunities to help advisors and their clients with risk management solutions. With the Ash platform, we have no doubt Zenith will continue to thrive and reach new levels of success.”
Jim Ash, founder of Ash Brokerage, added, “We’ve known the people at Zenith for many years, and we’re excited to take the next steps to deepen our relationship. Together, we’ll continue our commitment to be a positive force in the insurance industry.”
Mike Gorlick, president and CEO of Zenith Marketing Group, echoed those sentiments.
“Ash and Zenith are two like-minded, growth-oriented organizations, and we believe our combined reputations will make us a formidable influence in the industry,” Gorlick said. “With access to Ash’s enhanced resources, our advisors and employees will see greater opportunities and be in a better position for the future. In this case, one plus one clearly equals three.”
The acquisition will be finalized March 31. Zenith Marketing Group, headquartered in Freehold, New Jersey, will continue operating under the same name. The firm and its clients will have access to Ash Brokerage’s tools and business strategies, including enhanced technology for compliance and security in the wake of regulatory and marketplace demands. Zenith’s 55 employees will join the 350-plus employees of Ash, creating a team of more than 400 professionals nationwide.
This acquisition is the first since Ash Brokerage announced its partnership with Century Equity Partners in 2017, as a commitment to growth, both organically and strategically. Ash Brokerage is seeking additional opportunities for mergers and acquisitions with successful firms.
About Ash Brokerage – www.ashbrokerage.com
Ash Brokerage is a brokerage general agency based in Fort Wayne, Indiana, answering the needs of financial professionals nationwide. For life insurance, annuities, long-term care or disability income, Ash provides the tools and, more importantly, the people needed to get the job done right. For more than 45 years, the firm has built its success on strong, personal relationships with its clients and partners. Whatever the question. Whatever the need. Ash Answers.
About Zenith Marketing Group – www.zenithmarketing.com
Zenith Marketing Group has been helping producers grow their practices since 1995. With extensive experience in insurance products and sales support, as well as a strong commitment to customer service, Zenith takes pride in delivering the entire spectrum of tools necessary to assist independent insurance professionals in achieving outstanding results.
© 2018 Ash Brokerage LLC. Securities offered through MerCap Securities LLC, Member FINRA/ SIPC and wholly-owned subsidiary of MerCap Enterprises, Inc. Ash Brokerage LLC is not a subsidiary of nor controlled by MerCap Securities LLC.
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