Le Lézard
Classified in: Business
Subjects: TNM, CXP

The Plexus Groupe Announces Southeastern Expansion


DEER PARK, Ill., June 23, 2020 /PRNewswire/ -- The Plexus Groupe, a rapidly growing, privately held broker, announces its acquisition of Community Insurance Group (CIG) of Brandon, Florida. This is the first entrance into the Florida market for Plexus which has locations in Atlanta, Chicago, Dallas, Los Angeles, and Oklahoma City. The transaction was completed June 22, 2020.

Community Insurance Group was founded in 2004 by Bill Puckett who grew the business by specializing in insurance for Homeowners Associations throughout the state of Florida. All CIG associates have accepted positions at Plexus.

Bill Puckett, President of CIG, commented, "After growing Community from scratch in 2004, I decided the time was right to find a partner that could help our team grow to the next level. After looking at many buyers, I was drawn to Plexus' commitment to remaining private, while providing the tools to grow. I'm excited for our associates to become part of The Plexus Groupe organization."

Plexus Founder and CEO Walter R. Fawcett, III said, "As Plexus begins our expansion through M&A, I'm thrilled to enter the Florida market with a firm like Community that has such an excellent reputation. We welcome Bill and his team to the Plexus family."

The Plexus Groupe LLC, founded by Walter R. Fawcett, III in 1990, offers innovative solutions in employee benefits, property & casualty insurance, corporate retirement plans, personal lines insurance, benefits technology services, and mergers & acquisitions. Additionally, the Plexus Global Network gives clients access to insurance placement in 130 countries around the world. Plexus is headquartered in Deer Park, Ill., with locations in Atlanta, Chicago, Dallas, Los Angeles and Oklahoma City.

If you are interested in learning more about a partnership with The Plexus Groupe, please contact Bob Hilb at [email protected].  Visit our website: www.plexusgroupe.com.

SOURCE The Plexus Groupe


These press releases may also interest you

at 14:10
EV NICKEL INC. ("EVNi" or the "Company") is pleased to announce that it has closed its previously announced private placement of flow-through common shares for aggregate proceeds of $5,119,750 (the "Offering"). The Offering was led by PowerOne...

at 14:08
Stoic Equity Partners has closed on the purchase of another flex industrial property, the third closing associated with its investment fund, SEP Industrial Holdings I, LLC. The asset, a 5-building portfolio located on McDonough Pkwy in McDonough,...

at 14:00
BT Brands, Inc. , announced it will report its fourth quarter and full year 2023 results after market close today Thursday, March 28th. The Company will also host a conference call today to discuss the results at 4:15 p.m. ET. Participants may join...

at 14:00
Amsive, a data-led performance marketing agency, has again attained Premier Partner status within the Google Partners program for 2024. This milestone marks a moment of great pride as the agency celebrates our recognition in the program for more than...

at 14:00
ATB Ventures, the research and innovation arm of ATB Financial, today announced a collaboration between Oliutm, its digital trust platform, and the Government of Alberta. The collaboration will see Oliutm further expand its identity verification...

at 14:00
Luxcore, an early-stage AI cloud computing startup, is thrilled to announce its partnerships with IBM and NVIDIA. This collaboration is set to integrate a comprehensive AI and ML stack on its decentralized and distributed cloud platform, a move...



News published on and distributed by: