Union Bay Acquires Franchino Agency in New Jersey

Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired Franchino Agency, Inc. Hillsborough, New Jersey.

Terms were not disclosed.

Franchino Agency, headed by Gabe Frangione, president, offers personal and commercial lines policies.

Union Bay Acquisition owns property/casualty insurance agency Union Bay Risk Advisors, and acquires small insurance agencies in the Northeast and Midwest