http://adamswatersheds.org/theproblems.html
The Kansas City-based companyh bought of Santa Monica, which specializes in development, placement and administratiojn support of student health insurance ofWalnut Creek, whicg provides employee benefits, retirement serviceas and HR outsourcing primarily for and Inc. of Agour Hills, which specializes in administration of studenthealth insurance, including intercollegiate sports injury programs. Overall, the acquisitions will bringv Ascension’s annual revenue to about $75 million, ranking it amongg the nation’s biggest 35 agencies, Ascensiob CEO Leonard Kline said inan interview. The company said it had $55 milliohn in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employees at 20 officselocations nationwide. “The acquisitionsa ... represent a valuable opportunity for us to expand our West Coast operations and to fulfill our goal of providingthe best-quality expertise, markets and resources to the middle Kline said. “Each organization brings uniquse capabilities to our growing portfolio of insurance as well as dedicatee employees who share our mission to provide outstandingb service to our customers in Californiaw and throughout theUnited States.” Kline said the deal closer Thursday afternoon.
Ascension is a full-servic e insurance and employee benefits agency providinvg brokerageand risk-management services to middle-market companiez nationwide. Ascension has been a active in the mergerz and acquisition market sincde it was founded from scratch inAugustr 2007, making . The company is assisted by funds from its privatdequity partners, and . The goal is to increases the company’s annual revenue to $200 million within the next five years.
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