M&A Deal Summary

Confie Acquires Seguros sin Barreras Insurance Agency

On January 12, 2011, Confie acquired insurance company Seguros sin Barreras Insurance Agency

Acquisition Highlights
  • This is Confie’s 6th transaction in the Insurance sector.
  • This is Confie’s 6th transaction in the United States.
  • This is Confie’s 4th transaction in California.

M&A Deal Summary
Date 2011-01-12
Target Seguros sin Barreras Insurance Agency
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Seguros sin Barreras Insurance Agency

Los Angeles, California, United States
Seguros Sin Barreras, an insurance broker that serves Hispanic customers in 49 states.

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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 6 of 113
Sector (Insurance) 6 of 113
Type (Add-on Acquisition) 6 of 108
State (California) 4 of 13
Country (United States) 6 of 111
Year (2011) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-04 Cost-U-Less Insurance Center

Rancho Cordova, California, United States

Cost-U-Less Insurance Center is a provider of non-standard auto insurance with offices located primarily in the northern and central parts of the state.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-05 NII Brokerage

Albany, New York, United States

NII Brokerage LLC is a full-service insurance brokerage firm.

Buy -
Mergr

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