M&A Deal Summary

Confie Acquires Olympic Insurance Agency

On September 4, 2013, Confie acquired insurance company Olympic Insurance Agency

Acquisition Highlights
  • This is Confie’s 38th transaction in the Insurance sector.
  • This is Confie’s 38th transaction in the United States.
  • This is Confie’s 2nd transaction in Washington.

M&A Deal Summary
Date 2013-09-04
Target Olympic Insurance Agency
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Olympic Insurance Agency

Shelton, Washington, United States
Olympic Insurance Agency, a provider of auto, home and small commercial insurance.

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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 38 of 113
Sector (Insurance) 38 of 113
Type (Add-on Acquisition) 37 of 108
State (Washington) 2 of 6
Country (United States) 38 of 111
Year (2013) 11 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-05 Economy Insurance Mart

Spring Hill, Florida, United States

Economy Insurance Mart, Inc. is a provider of auto, home Insurance service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-18 Affirmative Insurance Retail Agency Group

Addison, Texas, United States

The Retail Agency Group operates 195 retail locations in Louisiana, Alabama, Texas, Illinois, Indiana, Missouri, Kansas, South Carolina and Wisconsin and has nearly 400 sales agents.

Buy -
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