M&A Deal Summary

Confie Acquires Atlantic Insurance Agency

On June 12, 2023, Confie acquired insurance company Atlantic Insurance Agency

Acquisition Highlights
  • This is Confie’s 109th transaction in the Insurance sector.
  • This is Confie’s 107th transaction in the United States.
  • This is Confie’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2023-06-12
Target Atlantic Insurance Agency
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Atlantic Insurance Agency

Chicago, Illinois, United States
Atlantic Insurance Agency is an independent agency that provides non-standard auto insurance, home insurance, boat insurance, and much more. Atlantic Insurance Agency was founded in 2014 and is based in Chicago, Illinois.

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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 109 of 113
Sector (Insurance) 109 of 113
Type (Add-on Acquisition) 105 of 108
State (Illinois) 2 of 2
Country (United States) 107 of 111
Year (2023) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-12 Sanborn s Insurance

United States

Sanborn's Insurance is a multi-location retail insurance agency and wholesale general agency.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-04 Acceptance Insurance - Retail Division

Nashville, Tennessee, United States

Acceptance Insurance's Retail Division provides a full range of insurance services.

Buy -
Mergr

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