2006 | Press Release

June 12, 2006 – CIMA Companies acquire ENI Insurance Services

FOR IMMEDIATE RELEASE
CIMA COMPANIES ACQUIRE ENI INSURANCE SERVICES
The CIMA Companies, Inc. (www.cimaworld.com), the Alexandria, VA-based insurance broker and risk
management firm, has acquired ENI Insurance Services of Havre de Grace, MD. ENI’s commercial and
personal insurance operations are now part of Corporate Insurance Management, Inc., CIMA’s
property/casualty and life/health company.
Mystic Capital Advisors Group, LLC provided transaction advisory services to CIMA on the acquisition.
ENI was established in 1997 by the current principals – Jerry Lacey, Brent Slutzky and Rob Magee. All
three will continue with the combined organization. Mr. Lacey becomes a vice president and shareholder
of CIMA, will continue to serve as head of the Havre de Grace office, and will be involved in merger and
acquisition activities of CIMA. No other terms of the acquisition were disclosed. The 14-person ENI staff
in Havre de Grace will continue to serve its customers from the present location.
“Becoming part of CIMA immediately gives ENI more markets to choose from, and more services such
as customized loss control and claims management, and those things benefit our customers directly,” said
Mr. Lacey.
Jim Rodgers, CIMA president and chief operating officer, added, “ENI’s blend of commercial and
personal insurance, and strong service culture, make a great fit for our business model and our service
commitment.”
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