Schwartz & Co. Advises Autumn Insurance & Benefits In Its Acquisition of Baty Agency
Transaction
Schwartz & Co. is pleased to announce that Autumn Insurance & Benefits (“Autumn”) has acquired Baty Agency (“Baty”). Terms of the transaction were not disclosed. Schwartz & Co. acted as the exclusive investment banking advisor to Autumn in this transaction.
Headquartered in Farmington Hills, Michigan, Baty is an independent insurance agency providing home, auto, business, life and annuities solutions to individuals and businesses. Agency principal Joe Durand will remain in his current role.
Client
Target
Autumn provides insurance and benefits services to more than 5,000 individuals, families in businesses in Michigan. The Company is headquartered in Novi, Michigan.
Baty is an independent insurance agency providing home, auto, business life and annuities solutions to individuals and businesses. The Company is headquartered in Farmington Hills, Michigan.