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  6. Insurvia Acquires La Familia Insurance

Add-on Acquisition • Insurance

Insurvia Acquires La Familia Insurance

On May 3, 2021, Insurvia acquired insurance company La Familia Insurance

Acquisition Context
  • This is Insurvia’s 2nd transaction in the Insurance sector.
  • This is Insurvia’s 2nd transaction in the United States.
  • This is Insurvia’s 1st transaction in Texas.

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M&A Deal Summary
Date May 3, 2021
Target La Familia Insurance
Sector Insurance
Buyer(s) Insurvia
Deal Type Add-on Acquisition

Target Company

La Familia Insurance

Arlington, Texas, United States
La Familia Insurance is an independent insurance agency providing automotive and related insurance products and services to the Hispanic community from its 67 locations across Texas and its innovative retail operations infrastructure. La Familia Insurance was founded in 2010 and is headquartered in Arlington, Texas.
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Buyer Overview 1

Buyer

Insurvia

Las Vegas, Nevada, United States
Category Company
Sector Insurance
DESCRIPTION

Insurvia is an insurance services holding company with subsidiaries including Fiesta Insurance, a leading retail franchisor of insurance products and services with 70 franchisees operating 235 retail stores across nine states and a growing eCommerce platform, and bravo general, an MGA with an omnichannel distribution strategy serving the automotive market. Insurvia is based in Las Vegas, Nevada.

Deal Context for Buyer #
Overall 2 of 2
Sector: Insurance 2 of 2
Type: Add-on Acquisition 1 of 1
State: Texas 1 of 1
Country: United States 2 of 2
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-24 Fiesta Franchise

Las Vegas, Nevada, United States

Fiesta Franchise is a provider of non-standard auto insurance and tax preparation services. Fiesta was founded in 1999 and headquartered in Las Vegas, Nevada.

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