TWFG Insurance Acquires The Jeff Kincaid Insurance Agency
October 26, 2023
TWFG Insurance (The Woodlands Financial Group) acquired The Jeff Kincaid Insurance Agency, Inc. in October 2023, adding an $18.2 million book of business and five branch offices across Hickory, Shelby, Morganton, Forest City and Marion, North Carolina. The acquisition expands TWFG's footprint in the eastern U.S. and brings a longtime local agency and its customers into TWFG's national branch network.
- Buyers
- TWFG Insurance (The Woodlands Financial Group)
- Targets
- The Jeff Kincaid Insurance Agency, Inc.
- Sellers
- Jeff Kincaid
- Industry
- Insurance
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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