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New Jersey Company Grows With Merger And Acquisition Strategy

By David Yanagisawa

BusinessHandShake-(3).jpgCompanies often grow as a result of strategically acquiring another company, and that is how the Capacity Group, a commercial and personal insurance brokerage firm, grew…even in an uncertain economy.

Founded in 1990 by Robert Lull and Mark Weintraub, the Capacity Group is now the second largest privately-held firm in New Jersey with 220 employees and an estimated $400 million in premiums. In recent years, the company decided to focus on growing through acquisitions and mergers within specific niche markets. However, their corporate structure and growth strategy mean they need the support of a flexible and sophisticated financial resource.

Read the full story to learn more about Capacity Group and how Lakeland Bank provided the financial resources to help the company turn their strategy into a competitive advantage.

If you would like more information about our Refreshing Approach to Business Banking solutions, call one of our Commercial Lending Team Leaders (link to lending team page) or stop by any of our office locations.



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