M&A Deal Summary

Confie Acquires Texas State Low Cost Insurance

On May 14, 2013, Confie acquired insurance company Texas State Low Cost Insurance

Acquisition Highlights
  • This is Confie’s 34th transaction in the Insurance sector.
  • This is Confie’s 34th transaction in the United States.
  • This is Confie’s 3rd transaction in Texas.

M&A Deal Summary
Date 2013-05-14
Target Texas State Low Cost Insurance
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Texas State Low Cost Insurance

Austin, Texas, United States
website
Texas State Low Cost Insurance, Inc. offers personal and commercial insurance from 43 locations.

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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 34 of 110
Sector (Insurance) 34 of 110
Type (Add-on Acquisition) 33 of 105
State (Texas) 3 of 12
Country (United States) 34 of 108
Year (2013) 7 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-01 Capital Insurance Agency Of Mercer County

Trenton, New Jersey, United States

Capital Insurance Agency Of Mercer County, Inc. specializes in personal insurance lines, as well as commercial insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 C W Baker Insurance Agency

Lockport, New York, United States

C W Baker Insurance Agency, Inc. is an independent agency providing personal and commercial lines insurance.

Buy -
Mergr

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