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Simplicity Group acquires Pittsburgh-based insurance distribution company

Simplicity Group Holdings Inc. acquired Pittsburgh-based insurance distribution company Executive Brokerage Services Inc.

The target is a wholesaler of fixed annuity, fixed indexed annuity and life insurance products sold through network agents across the U.S.

Bernie Vukelich and Brian Lipinski joined Simplicity Group as principals. Executive Brokerage will begin its brand transition to Simplicity Pittsburgh, effective immediately.

Simplicity Group is a financial marketing organization. It provides annuity, life insurance and retirement services to independent insurance professionals, financial advisers and their clients through its operating subsidiaries.