No layoffs expected after NFP Corp. acquires Aquesta Insurance Services


Cornelius-based Aquesta Financial Holdings Inc. sold its insurance agency, Aquesta Insurance Services, to New York-based NFP Corp. The transaction closed on Saturday.

"It recently became clear that a sale of Aquesta Insurance would help Aquesta Bank continue its own excellent growth by providing significant capital enhancement," says Chief Executive Jim Engel. "At that point, we reviewed several potential purchasers looking for a company that shares Aquesta’s passion for delivering superior, personal…

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