Bolton & Company, one of the nation's largest employee-owned insurance brokers, has acquired Los Angeles-based Rick Gombar Insurance Services, Inc. an independent insurance agency providing professional protection for the security industry.
"Bolton has gone through several successful acquisitions in the last couple of years," said Steve Brockmeyer, ARM, CIC, President and CEO of Bolton & Company. "Rick Gombar and his team take pride in their business and have done a great job with building long-lasting relationships with their clients. We are pleased to add their highly-regarded reputation to our organization."
As part of the transaction, Rick Gombar, President of Rick Gombar Insurance Services will join Bolton & Company as Executive Vice President. Rick and his team will relocate to Bolton’s Pasadena office.
"We focus only on the needs of this highly specialized industry and know its ins and outs," said Rick Gombar. "Not only the insurance aspects of this industry, but also the business aspects and even the installation and service aspects. My team and I are very excited to become a part of Bolton and be able to provide enhanced services and products to our clients."