SmartFinancial Inc. has announced the sale of its subsidiary, SBK Insurance Inc., to Insuragent Purchaser, LLC, a portfolio company of Greater Sum Ventures. Despite the change in ownership, all current leadership and employees of SBK Insurance will remain with the company, and all locations will continue operations as usual. SmartBank, the parent company of SmartFinancial, will maintain a strategic relationship with SBK Insurance following the transaction. Additionally, SmartFinancial has acquired a minority ownership interest in Insuragent Purchaser, LLC.
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