Key Takeaways
- • BayPine-backed Relation Insurance Services acquired the assets of LaPlaca Insurance, a Chalfont, Pennsylvania-based agency founded in 1988, according to PE Hub.
- • LaPlaca provides business insurance, employee benefits and personal lines coverage.
- • Financial terms of the LaPlaca transaction were not disclosed.
- • The deal is one of several tuck-in acquisitions by Relation, which BayPine agreed to acquire from Aquiline as a platform for technology-enabled growth.
Summary
Relation Insurance Services, a privately held insurance brokerage backed by Boston-based private equity firm BayPine, has acquired the assets of LaPlaca Insurance, according to PE Hub. The deal took effect in late September 2026 and was reported on 25 September 2026. Terms were not disclosed.
Chalfont, Pennsylvania-based LaPlaca was founded in 1988 and provides business insurance, employee benefits and personal lines coverage. The acquisition adds that book of business to Relation's platform.
Relation is one of the largest independent insurance brokers in the U.S. BayPine agreed to acquire the company from Aquiline, a global private investment firm, which announced the sale through a definitive agreement. Per BayPine's announcement, the transaction is intended to accelerate technology-enabled growth of the national brokerage platform. Relation's management team, including chief executive Tim Hall, will continue to lead the company, according to publisher coverage.
Relation has also pursued other add-on deals, including acquisitions of Wright Insurance Planning, the St. Louis-based firm referenced in the original story headline. Financial terms for those transactions were not disclosed.
Chalfont, Pennsylvania-based LaPlaca was founded in 1988 and provides business insurance, employee benefits and personal lines coverage. The acquisition adds that book of business to Relation's platform.
Relation is one of the largest independent insurance brokers in the U.S. BayPine agreed to acquire the company from Aquiline, a global private investment firm, which announced the sale through a definitive agreement. Per BayPine's announcement, the transaction is intended to accelerate technology-enabled growth of the national brokerage platform. Relation's management team, including chief executive Tim Hall, will continue to lead the company, according to publisher coverage.
Relation has also pursued other add-on deals, including acquisitions of Wright Insurance Planning, the St. Louis-based firm referenced in the original story headline. Financial terms for those transactions were not disclosed.
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