Will the private investor group that’s acquiring control over AmeriLife Group LLC let AmeriLife continue to make deals of its own?
The answer appears to be: Sure.
AmeriLife announced Thursday that it has acquired a majority stake in Stephens-Matthews Marketing Inc. — a Beverly, Ohio-based insurance marketing organization.
AmeriLife and Stephens-Matthews have not disclosed the price of the deal.
AmeriLife says that Dave Stephens, Stephens-Matthews’ founder, will continue to hold a minority interest in the company after the deal is completed.
Dave Matthews will continue to lead the Stephens-Matthews team under the Stephens-Matthews brand from the company’s current Beverly, Ohio headquarters, AmeriLife says.