M&A Deal Summary

Confie Acquires Torres Insurance

On December 12, 2018, Confie acquired insurance company Torres Insurance

Acquisition Highlights
  • This is Confie’s 98th transaction in the Insurance sector.
  • This is Confie’s 96th transaction in the United States.
  • This is Confie’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2018-12-12
Target Torres Insurance
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target

Torres Insurance

Albuquerque, New Mexico, United States
Torres Insurance provides unparalleled service along with innovative and diverse coverage options that reflect a mercurial market.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 98 of 113
Sector (Insurance) 98 of 113
Type (Add-on Acquisition) 95 of 108
State (New Mexico) 1 of 1
Country (United States) 96 of 111
Year (2018) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-12 Just Insurance and Tag

Pompano Beach, Florida, United States

Just Insurance and Tag is a non-standard auto insurance provider, located in Pompano Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Best Rate Insurance

Mobile, Alabama, United States

Best Rate Insurance specializes in the non-standard auto insurance customer base. The agency maintains three offices in the Mobile area.

Buy -
Mergr

Product

Company

Legal