M&A Deal Summary

Trucordia Acquires Montalvo

On July 25, 2024, Trucordia acquired insurance company Montalvo

Acquisition Highlights
  • This is Trucordia’s 12th transaction in the Insurance sector.
  • This is Trucordia’s 14th transaction in the United States.
  • This is Trucordia’s 2nd transaction in Texas.

M&A Deal Summary
Date 2024-07-25
Target Montalvo
Sector Insurance
Buyer(s) Trucordia
Deal Type Add-on Acquisition

Target

Montalvo

Weslaco, Texas, United States
Montalvo is an insurance agency that helps local small businesses endure some of the hardest situations by being prepared ahead of time through proper insurance coverage. Montalvois based in Weslaco, Texas.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Trucordia

Lindon, Utah, United States
Category Company
Sector Insurance
DESCRIPTION

Trucordia is a full-service consultant and insurance brokerage firm offering a broad array of commercial, life, and health, employee benefits, and workers' compensation solutions. Trucordia is based in Lindon, Utah.

DEAL STATS #
Overall 14 of 20
Sector (Insurance) 12 of 18
Type (Add-on Acquisition) 13 of 19
State (Texas) 2 of 2
Country (United States) 14 of 20
Year (2024) 8 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 Ignitist

Harleysville, Pennsylvania, United States

Ignitist provides medicare and senior benefits, a unique and nuanced sector of insurance where clients directly benefit from the deep knowledge of an experienced insurance professional. Ignitist is based in Harleysville, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-08 DLD Insurance Brokers

Irvine, California, United States

DLD Insurance Brokers specializes in serving companies with multibillion-dollar portfolios in the construction, real estate, manufacturing, medical device and technology sectors as an extension of their risk management departments. DLD Insurance Brokers was founded in 1989 and is based in Irvine, California.

Buy -
Mergr

Product

Company

Legal