M&A Deal Summary

Trucordia Acquires Infuse Insurance

On October 11, 2022, Trucordia acquired insurance company Infuse Insurance

Acquisition Highlights
  • This is Trucordia’s 18th transaction in the Insurance sector.
  • This is Trucordia’s 20th transaction in the United States.
  • This is Trucordia’s 1st transaction in West Virginia.

M&A Deal Summary

Date 2022-10-11
Target Infuse Insurance
Sector Insurance
Buyer(s) Trucordia
Deal Type Add-on Acquisition

Target

Infuse Insurance

Beckley, West Virginia, United States
Infuse Insurance is an independent, community-based agency offering a comprehensive suite of home, auto, business, and life insurance solutions. Infuse Insurance was founded in 2006 and is based in Beckley, West 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 20 of 53
Sector: Insurance M&A 18 of 49
Type: Add-on Acquisition M&A Deals 19 of 51
State: West Virginia M&A 1 of 1
Country: United States M&A 20 of 53
Year: 2022 M&A 13 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Lawrence Victoria

Solon, Ohio, United States

Lawrence Victoria provides fully customizable lender-placed insurance solutions to banks, thrifts, credit unions, mortgage loan servicers and investors. Lawrence Victoria utilizes best-in-class service, the latest technology, and one-of-a-kind hybrid coverage options to provide trusted compliance protection to each and every client. Lawrence Victoria was founded in 1976 and is based in Solon, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-14 Milz Health Group

Milwaukee, Wisconsin, United States

Milz Health Group is a full-service health insurance agency providing affordable health insurance plans to those just turning 65 and other Wisconsin Medicare-eligible individuals. Milz Health Group was founded in 2003 and is based in Milwaukee, Wisconsin.

Buy -