Union Bay Acquisition acquires May Insurance Services

Union Bay Acquisition LLC , an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired May Insurance Services , of Newtown Square, Pennsylvania. Terms were not disclosed.

“We are excited to bring May Insurance Services to its next level of growth and development by teaming up with Union Bay. We are confident that this transaction with Union Bay will benefit all of our stakeholders – both our insureds and our insurance company partners.” – John May, President of May Insurance Services.

“We are pleased to welcome May Insurance Services. John and his team are a skilled group of professionals with deep knowledge of property-casualty insurance, and we are excited to augment our portfolio with their expertise in the Philadelphia metro area.” – Douglas M. Polley, Chairman of Union Bay Acquisition.