Associated Banc-Corp completes acquisition of Ahmann &
Special to The
Feb. 17, 2015
GREEN BAY ó Associated
Banc-Corp announced Tuesday that it has closed on the previously
announced acquisition of Ahmann & Martin Co.
Headquartered in Green Bay, Associated bought the risk and
benefits consulting firm in Minnesota through a merger with and
into Associated's subsidiary, Associated Financial Group, LLC.
Associated Financial Group is a benefits specialist firm with
more than 240 insurance specialists across Associatedís
three-state footprint and generates more than $49 million of
annualized insurance-related revenues, according to the company.
Ahmann & Martin Co. offers a range of complementary financial
services such as employee benefits, risk management, and
business insurance with specialization in industry-specific
According to the announcement, the combination of Ahmann &
Martin Co. and Associated Financial Group will position it among
the United States' top 50 insurance brokerage firms, based on
2013 pro forma revenues. The firms will employ more than 370
colleagues and serve approximately 14,000 clients combined.