Alliant Insurance Services Acquires Windmark Insurance Agency from South Plains Financial
April 4, 2023
Alliant Insurance Services, a national insurance broker headquartered in Irvine, California, has acquired Windmark Insurance Agency, Inc. (Windmark Crop Division), a crop and agribusiness insurance general agency headquartered in Lubbock, Texas. The seller was South Plains Financial, Inc., parent company of City Bank; the deal closed April 1, 2023 and is intended to expand Alliant’s crop and agribusiness presence in Texas and the Midwest while allowing South Plains to refocus capital on its core banking business.
- Buyers
- Alliant Insurance Services, Inc.
- Targets
- Windmark Insurance Agency, Inc.
- Sellers
- South Plains Financial, Inc., City Bank
- Industry
- Insurance
- Location
- Texas, United States
- Transaction Type
- Divestiture
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