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  6. Confie Acquires Absolute Insurance Agency

M&A Deal Summary

Confie Acquires Absolute Insurance Agency

On September 12, 2016, Confie acquired insurance company Absolute Insurance Agency

Acquisition Highlights
  • This is Confie’s 83rd transaction in the Insurance sector.
  • This is Confie’s 81st transaction in the United States.
  • This is Confie’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2016-09-12
Target Absolute Insurance Agency
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Absolute Insurance Agency

Upper Chichester, Pennsylvania, United States
Absolute Insurance Agency, Inc. is a provider of personal insurance, business insurance, life/health insurance, and group benefits insurance needs.

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Buyer(S) 1

Buyer

Confie

Huntington Beach, California, United States
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 83 of 113
Sector: Insurance M&A 83 of 113
Type: Add-on Acquisition M&A Deals 81 of 108
State: Pennsylvania M&A 1 of 1
Country: United States M&A 81 of 111
Year: 2016 M&A 10 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-12 BMR Agency

Washington Park, Illinois, United States

BMR Agency LLC (dba First Stop Insurance) is a provider of insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-26 Lockwood Agency

Jamestown, New York, United States

Lockwood Agency, Inc. is a provider of preferred personal lines and small commercial insurance.

Buy -
Mergr

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