Relation Insurance Services announced the acquisition of Mid-State Insurance’s assets, effective March 31, 2026, as part of its continued expansion across the insurance industry and the Midwest region.
Mid-State Insurance, based in Mequon, Wisconsin, has served clients for over 40 years as an independent agency offering business and commercial insurance, employee benefits, and home, auto, life, and health insurance coverage. The company operates throughout the Midwest and serves clients nationally and internationally.
Joe LaBarbera, president of Mid-State Insurance, described the move as a natural fit. “Mid-State has prided itself on the reputation it has built for its focus on service, integrity, honesty, product knowledge, and involvement in the community for the last 40 years,” LaBarbera said. “Joining Relation, who mirrors these values and matches it with ambition and a plan for growth, is a perfect fit. We’re excited to join this growing team that shares values and enables us to enhance our services and offerings to our clients through additional resources, capabilities, and national scale.”
Tim Hall, chief executive officer of Relation Insurance, welcomed the addition. “We are thrilled to welcome Joe and the entire Mid-State team,” Hall said. “Joe and his team are an exciting addition to Relation, and we look forward to working with them to expand our presence throughout Wisconsin.”
The acquisition reflects Relation’s broader strategy of geographic and service expansion. Since 2019, Relation has completed more than 100 acquisitions, building a platform with approximately 1,350 employees across more than 90 locations nationwide. Relation is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and is backed by BayPine, a Boston-based private equity firm focused on digital transformation and sustainable growth.
Relation actively seeks partnerships with insurance entrepreneurs, offering equity ownership opportunities and a people-first approach. The firm says it aims to combine the buying power and resources of a national insurance broker with the personalized service of local experts.
Sources
- Morningstar / Business Wire — announcement of acquisition, effective date, statements from leadership, and background on both companies
- Aquiline Capital Partners — history of Relation’s acquisition strategy and total deal count since 2019
