M&A Deal Summary

Trucordia Acquires Huffman Insurance Agencies

On May 6, 2025, Trucordia acquired insurance company Huffman Insurance Agencies

Acquisition Highlights
  • This is Trucordia’s 43rd transaction in the Insurance sector.
  • This is Trucordia’s 46th transaction in the United States.
  • This is Trucordia’s 4th transaction in Virginia.

M&A Deal Summary

Date 2025-05-06
Target Huffman Insurance Agencies
Sector Insurance
Buyer(s) Trucordia
Deal Type Add-on Acquisition

Target

Huffman Insurance Agencies

Lexington, Virginia, United States
Huffman Insurance Agencies provides auto, home, business, and life insurance. Huffman Insurance Agencies was founded in 1968 and is based in Lexington, Virginia.

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Buyer(S) 1

Buyer

Trucordia

Lindon, Utah, United States

Category Company
Founded 1987
Sector Insurance
DESCRIPTION

Trucordia is a full-service insurance brokerage firm that provides complete risk management solutions with a broad array of property & casualty, life and health, employee benefits, and workers' compensation insurance products. Trucordia was formed in 1987 and is based in Lindon, Utah.


DEAL STATS #
Overall 46 of 53
Sector: Insurance M&A 43 of 49
Type: Add-on Acquisition M&A Deals 44 of 51
State: Virginia M&A 4 of 4
Country: United States M&A 46 of 53
Year: 2025 M&A 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-18 Boater’s Insurance Agency

Concord, California, United States

Boater’s Insurance Agency provides insurance solutions and services within the marine industry. Boater’s Insurance Agency was formed in 1989 and is headquartered in Concord, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-14 Fuhriman Insurance

Boise, Idaho, United States

Fuhriman Insurance provides a comprehensive suite of insurance solutions for auto, home, commercial, life, umbrella, renters, workers compensation, toys, and pest control. Fuhriman offers clients the ability to research and compare quotes online from multiple carriers, helping ensure tailored solutions that fit both needs and budgets. Fuhriman Insurance is based in Boise, Idaho.

Buy -