Add-on Acquisition • Insurance

Confie Acquires Louis P. Ferrari Agency

On June 21, 2017, Confie acquired insurance company Louis P. Ferrari Agency

Acquisition Context
  • This is Confie’s 92nd transaction in the Insurance sector.
  • This is Confie’s 90th transaction in the United States.
  • This is Confie’s 29th transaction in New York.

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M&A Deal Summary

Date June 21, 2017
Target Louis P. Ferrari Agency
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target Company

Louis P. Ferrari Agency

Rochester, New York, United States
Louis P. Ferrari Agency, Inc. is a provider of non-standard auto insurance services.
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Buyer Overview 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 Context for Buyer #
Overall 92 of 114
Sector: Insurance 92 of 114
Type: Add-on Acquisition 89 of 109
State: New York 29 of 30
Country: United States 90 of 112
Year: 2017 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-21 Spirit Insurance

Bronx, New York, United States

Spirit Insurance, Inc. is a provider of non-standard auto insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-09 Day & Read

Little Falls, New York, United States

Day & Read, Inc. is a provider of personal and commercial lines property and casualty insurance agency. Day & Read, Inc. is based in Little Falls, New York.

Buy -