Pinnacle Financial Partners (PNFP) Acquires Beach & Gentry Insurance LLC
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Pinnacle Financial Partners Inc. (Nasdaq: PNFP) announced its acquisition of Murfreesboro, Tenn.-based Beach & Gentry Insurance LLC. Terms were not disclosed.
Beach & Gentry will merge with Miller & Loughry Insurance & Services Inc., a wholly-owned subsidiary of Pinnacle Financial Partners, also located in Murfreesboro, immediately. The combined company will take the name Miller Loughry Beach and will consolidate offices following renovations to Pinnacle's offices at 214 W. College Street in Murfreesboro.
Pinnacle Financial Partners, Inc. (Pinnacle Financial) is a bank holding company whose primary business is conducted by its wholly owned subsidiary, Pinnacle National Bank (Pinnacle National or the Bank). [SM]
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