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Collins & Associates acquires SAIF Agency Group

Grand Rapids, Mich.-based Collins & Associates, a commercial lines insurance and risk management company, acquired SAIF Agency Group from its owner, Cliff Shanoski.

Based in Kingsley, Mich., SAIF Agency Group is a provider of commercial and personal lines insurance products. Terms of the deal were not disclosed, and the transaction closed in 2016, according to a SAIF Agency Group press release.

Calder Capital LLC served as an adviser to Collins & Associates on the transaction.