Keystone Agency Partners, an insurance agency partnership platform, announced the acquisition of Ascent Insurance Group, a prominent Oklahoma-based insurance agency. The deal also includes Cole, Paine & Carlin Insurance Agency, Inc., which will join Ascent Insurance Group.

Aaron Bogie, who will serve as CEO of Ascent Insurance Group, added, “Our partnership with Keystone Agency Partners and integration with CPC marks a significant milestone. By coming together, we’re creating a unified, stronger platform that leverages our collective expertise, resources, and local roots. This synergy will enable us to deliver even more value to our clients, drive growth, and solidify our position as a leading insurance presence in Oklahoma.”

Keystone Agency Partners’ acquisition of Ascent and CPC signifies a significant milestone in its Oklahoma expansion strategy, establishing a statewide presence with three strategic locations. Ascent’s Oklahoma City home office will be complemented by branch locations in Tulsa and Tonkawa, enhancing accessibility and localized support. This partnership bolsters KAP’s commercial and personal lines insurance capabilities, empowering Ascent and CPC to leverage KAP’s extensive resources, specialized expertise, and national network to drive growth, innovation, and enhanced client experiences.

Topics
Mergers & Acquisitions
Oklahoma