Add-on Acquisition • Insurance

Confie Acquires Cost-U-Less Insurance Center

On October 4, 2010, Confie acquired insurance company Cost-U-Less Insurance Center

Acquisition Context
  • This is Confie’s 5th transaction in the Insurance sector.
  • This is Confie’s 5th transaction in the United States.
  • This is Confie’s 3rd transaction in California.

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M&A Deal Summary

Date October 4, 2010
Target Cost-U-Less Insurance Center
Sector Insurance
Buyer(s) Confie
Deal Type Add-on Acquisition

Target Company

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.
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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 5 of 114
Sector: Insurance 5 of 114
Type: Add-on Acquisition 5 of 109
State: California 3 of 13
Country: United States 5 of 112
Year: 2010 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-29 Vern Fonk Insurance Services Inc

Kent, Washington, United States

Vern Fonk Insurance Services, Inc. operates as an insurance agency and offers auto, home and business insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-12 Seguros sin Barreras Insurance Agency

Los Angeles, California, United States

Seguros Sin Barreras, an insurance broker that serves Hispanic customers in 49 states.

Buy -