M&A Deal Summary

Confie Acquires Affordable Insurance

On July 29, 2024, Confie acquired insurance company Affordable Insurance

Acquisition Highlights
  • This is Confie’s 113th transaction in the Insurance sector.
  • This is Confie’s 111th transaction in the United States.
  • This is Confie’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2024-07-29
Target Affordable Insurance
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Affordable Insurance

Hendersonville, North Carolina, United States
Affordable Insurance provides a full range of insurance services. Affordable Insurance was formed in 2005 and is headquartered in Hendersonville, North Carolina.

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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 113 of 113
Sector (Insurance) 113 of 113
Type (Add-on Acquisition) 108 of 108
State (North Carolina) 1 of 1
Country (United States) 111 of 111
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 US1 Insurance

Miami, Florida, United States

US1 Insurance provides a full range of insurance services with 3 locations in Miami, Hialeah, and Kendall.

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