M&A Deal Summary

NFP Acquires Capstone Strategies

On December 10, 2024, NFP acquired insurance company Capstone Strategies

Acquisition Highlights
  • This is NFP’s 121st transaction in the Insurance sector.
  • This is NFP’s 116th transaction in the United States.
  • This is NFP’s 6th transaction in Texas.

M&A Deal Summary
Date 2024-12-10
Target Capstone Strategies
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

Capstone Strategies

Midland, Texas, United States
Capstone Strategies is a property and casualty (P&C) and benefits broker that offers insurance carriers in the marketplace by providing strategic coverage for clients. Capstone Strategies was formed in 2006 and is based in Midland, Texas.

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Buyer(S) 1

Buyer

NFP

Austin, Texas, United States
Category Company
Sector Insurance
Revenue 1.1B USD (2013)
DESCRIPTION

NFP is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies. NFP is based in Austin, Texas.

DEAL STATS #
Overall 151 of 151
Sector (Insurance) 121 of 121
Type (Add-on Acquisition) 149 of 149
State (Texas) 6 of 6
Country (United States) 116 of 116
Year (2024) 14 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-08 HC Financial

Galway, Ireland

HC Financial is a financial planning and corporate employee benefits advisory business. HC Financial was formed in 1988 and is headquartered in Galway, Ireland.

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