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DiVirgilio Insurance hopes deal pays off

Matthew DiVirgilio, president of the DiVirgilio Insurance Agency, is excited about the acquisition of On-Time Payroll, Inc. (Olivia Falcigno)
LYNN — In what it called an “unusual and interesting acquisition,” the DiVirgilio Insurance Agency announced it has merged with On-Time Payroll, Inc., which has become a new payroll subsidiary of the company.  Matthew DiVirgilio, president of DiVirgilio Insurance, said the agency had “silently” acquired On-Time Payroll in a multi-million dollar transaction last November, but…

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