M&A Deal Summary

Confie Acquires Schmitt & Kraft

On October 2, 2015, Confie acquired insurance company Schmitt & Kraft

Acquisition Highlights
  • This is Confie’s 72nd transaction in the Insurance sector.
  • This is Confie’s 70th transaction in the United States.
  • This is Confie’s 23rd transaction in New York.

M&A Deal Summary
Date 2015-10-02
Target Schmitt & Kraft
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Schmitt & Kraft

Williamsville, New York, United States
Schmitt & Kraft, Inc. is an independent insurance agency.

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Buyer(S) 1

Buyer

Confie

Huntington Beach, California, United States

website

Category Company
Founded 2008
Sector Insurance
DESCRIPTION

Confie is a national insurance distribution company primarily focused on personal lines and small commercial insurance. Confie was formed in 2008 and is based in Huntington Beach, California.

DEAL STATS #
Overall 72 of 106
Sector (Insurance) 72 of 106
Type (Add-on Acquisition) 70 of 102
State (New York) 23 of 30
Country (United States) 70 of 104
Year (2015) 17 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-02 TS Insurance Group

Heathrow, Florida, United States

TS Insurance Group is a provider of non-standard auto insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-16 California Insurance Specialists

Santa Ana, California, United States

California Insurance Specialists is an independent personal lines insurance agency specializing in serving your homeowner and automobile insurance needs.

Buy -
Mergr

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