M&A Deal Summary

Confie Acquires Cowest Insurance Group

On October 3, 2022, Confie acquired insurance company Cowest Insurance Group

Acquisition Highlights
  • This is Confie’s 106th transaction in the Insurance sector.
  • This is Confie’s 104th transaction in the United States.
  • This is Confie’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2022-10-03
Target Cowest Insurance Group
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Cowest Insurance Group

Castle Rock, Colorado, United States
Cowest Insurance Group provides a full range of insurance services. Cowest Insurance Group was founded in 1984 and is based in Castle Rock, Colorado.

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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 106 of 113
Sector (Insurance) 106 of 113
Type (Add-on Acquisition) 102 of 108
State (Colorado) 2 of 2
Country (United States) 104 of 111
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Velox Insurance

Atlanta, Georgia, United States

Velox Insurance provides a full range of auto insurance, home & commercial services. Velox Insurance was founded in 2003 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-09 Estrella Insurance

Coral Gables, Florida, United States

Estrella Insurance is a property and casualty insurance franchisor and a trusted leader among consumers and insurance companies by providing simple, cost-effective insurance solutions across its auto, home, commercial, business, life, and health insurance portfolios. Estrella Insurance is based in Coral Gables, Florida.

Buy -