PE-backed Confie Seguros buys three insurance brokerages

By Iris Dorbian — 8 months ago

Confie Seguros, a portfolio company of ABRY Partners, has agreed to acquire three insurance brokerage firms: New York City-based R&R&R Brokerage Inc; Rochester, New York-based Eastern General Insurance Services Inc; and San Antonio, Texas-based Colyer Insurance Agency Inc. No financial terms were disclosed.

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Confie Seguros adds three insurance brokerages

By Luisa Beltran — 10 months ago

Confie Seguros has acquired three East Coast insurance brokerages: Your Insurance Spot Inc. based in Kissimmee, Florida; Wise Insurance Agency Inc. of Columbia, South Carolina; and, Bronkie Agency Inc. of Williamsville, New York. Financial terms weren’t announced. Confie Seguros is a portfolio company of ABRY Partners.

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ABRY’s Confie Seguros buys three insurance firms

By Iris Dorbian — 1 year ago

Confie Seguros, a portfolio company of ABRY Partners, has made three acquisitions. The company has acquired The Insurance Market Agency in Tonawanda, NY and Action Auto Insurance Agency in Cheektowaga, NY. Both agencies provider a variety of insurance products, which include auto, homeowners and small commercial. Also, Confie Seguros has bought Ontario, Calif.-based Fast Quote Insurance, which specializes in auto insurance. No financial terms were disclosed for any of these transactions.

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ABRY-backed Confie Seguros buy three insurance brokers

By Iris Dorbian — 1 year ago

Confie Seguros, a portfolio company of ABRY Partners, has bought three insurance brokerage firms. They are Lockport, NY-based AA Insurance Services, which specializes in auto and homeowners insurance; Monroe, NY-based Parietti & McGuire Insurance, which provides auto, home and small commercial insurance; and Bellingham, Wash.-based Insurance Now, which specializes in auto insurance. No financial terms were disclosed for any of these transactions.

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Confie Seguros Adds Four Insurance Brokers

By Luisa Beltran — 3 years ago

Confie Seguros, which is backed by ABRY Partners, has acquired four regional insurance brokerages in Florida and Nevada. The buys include Maurisset Insurance, CNS Insurance Services, and Briar Bay Insurance, as well as Got Insurance of Las Vegas, N.V. Financial terms were not announced.

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Genstar Sells Insurance Broker to ABRY Partners

By Luisa Beltran — 3 years ago

As expected, ABRY Partners has acquired Confie Seguros. Boston-based ABRY Partners is buying the majority stake held by Genstar Capital. Financial terms of the transaction, which closed Nov. 9, weren’t announced. RBC Capital Markets and GE Capital provided debt financing.

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Confie Seguros, Backed by Genstar, is Up for Sale: UPDATED

By Luisa Beltran — 3 years ago

Genstar Capital has put Confie Seguros on the block, three sources say. New York.-based Confie Seguros–which means “trusted insurance advisor”– is an insurance broker that targets Hispanic consumers. Confie produces more than $50 million EBITDA and is seeking bids of 10x, one private equity exec says.

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Confie Seguros Buys Three More Insurance Firms

By Luisa Beltran — 4 years ago

Confie Seguros, which is backed by Genstar Capital, has acquired three more insurance agencies. They include: Bradley Insurance of Las Vegas; A Auto Insurance World of West Palm Beach, Fla.; and, Ontario, Calif.-based Westside Auto. Confie said that it has appointed Chad Maxwell a SVP, mergers & acquisitions. Maxwell was previously a partner with Clear […]

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Confie Seguros Buys Family Insurance Center

By Luisa Beltran — 5 years ago

Confie Seguros, which is backed by Genstar Capital, said Wednesday that it has bought Family Insurance Center. Financial terms weren’t announced. Las Vegas-based Family Insurance provides personal insurance lines, including auto, basic homeowners, as well as business insurance.

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Genstar-Backed Confie Seguros Adds On

By PEHub Administrator — 7 years ago

Confie Seguros, an acquisition platform focused on insurance brokerages, has acquired San Antonio-based auto insurance brokerage Alamo Auto Insurance. No financial terms were disclosed. Confie Seguros was formed earlier this year by Genstar Capital.

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Genstar Buying Insurance Firms

By PEHub Administrator — 8 years ago

Genstar Capital has formed Confie Seguros, an acquisition platform focused on insurance brokerages, primarily focused on the Hispanic consumer. It has $75 million in committed capital from Genstar, platform management and a bank facility. The future capacity is expected to exceed $200 million. In related news, Confie Seguros has made its first acquisition: Westline Corp., […]

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