Business Services Industry

Questar Capital sold to Allianz.(Allianz Life Insurance Company of North America acquired Questar Capital Corp.)(Brief Article)

Crain's Detroit Business, December, 2005 by Henderson, Tom

Byline: Tom Henderson Questar Capital Corp., an Ann Arbor-based securities broker and registered investment adviser, has been bought by the Allianz Life Insurance Co. of North America. Terms of the deal were not announced. Questar, registered to sell securities products nationwide and offer investment advice in 30 states, will continue to operate under that name.

It employs 31. Three principals of Questar - Scott Chimner, John Gakenheimer and Jason Kavanaugh - will join Allianz as members of senior management. The fourth principal, Robert Boone, will be a consultant, according to Brett Weinberg, senior communications specialist with Allianz. Mark Zesbaugh, president and CEO of Allianz, said the purchase is part of the company's plan to become one of...

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