L.S. Robinson, the seven-person insurance agency in Southwest Harbor, is now part of Allen Insurance and Financial.

The purchase was finalized in late November. Terms were not disclosed. L.S. Robinson will continue to operate under that name. All L.S. Robinson employees are being retained.

The deal brings together two companies, each with a long history in Maine.

Founded in Camden in 1866, Allen Insurance and Financial is an employee-owned company with offices in Camden, Rockland and Saco. L.S. Robinson was founded in 1932 by Lawrence Robinson, a well-known Mt. Desert Island businessman who saw the need to provide his community with insurance services.

“Allen Insurance and Financial is a great fit for us,” said Bruce Bicknell, president of L.S. Robinson, in a press release. “We will be able to provide a wider and more complete array of services for our clients while maintaining our focus on the unique needs of each client.”