(Editor’s Note: Reprinted from the April 4, 2023, edition by AC Editor)
Both Buyer and Seller Are Independent Agencies Based in Everett.
Sabatino Insurance Agency, a leading provider of personal and commercial insurance in Everett, has announced its acquisition of another Everett-based agency, Mastrocola Insurance. The purchase includes all assets of Mastrocola Insurance Agency, a family-owned business that has been serving clients in the region since the 1970s.
In addition to acquiring the agency’s assets, Sabatino Insurance has retained Mastrocola’s staff, including Office Manager Danielle Goudreau, who will continue with Sabatino Insurance as Sales Service Manager. Sabatino has initially contracted to maintain the Mastrocola Insurance office location at 1725 Revere Beach Parkway.
A merger of two successful neighborhood agencies
Mastrocola Insurance, founded in the 1970s by Mr. Mastrocola’s father and incorporated in 1981, has since served a diverse clientele of personal and commercial line customers. The agency has built a strong reputation for its expertise and dedication to client service.
Rocco Longo, the President of Sabatino Insurance, expressed enthusiasm about the acquisition, saying, “We are thrilled to welcome Mastrocola Insurance Agency customers and employees into the Sabatino Insurance Agency family.”
Jim Mastrocola, the owner of Mastrocola Insurance Agency, expressed confidence in Sabatino Insurance Agency, stating, “Rocco Longo’s easy-going approach to business has ensured a smooth transition for Mastrocola Insurance’s customers and staff.”
Sabatino Insurance Agency, based in Everett, MA, is a full-service independent insurance agency offering auto, home, business, commercial, flood, bonding, IRA, and life insurance products. Since its incorporation in 1996, Sabatino Insurance has grown into a $12 million agency serving individuals, families and businesses in Everett and the surrounding areas, including Charlestown, Revere, Malden, and Medford.