COEUS Holdings Acquires Afore, LLC

Culpeper Insurance Partners Takes Stake in Afore Insurance Services

September 17, 2024

Insurance

Culpeper Insurance Partners, LLC made a significant investment in and merged with Afore Insurance Services, creating a larger national independent insurance brokerage. Michael A. Garguilo of Culpeper will become CEO of the combined company, which will operate as Afore Insurance Services with more than 20 offices across 10 states, over $350 million in annual premiums placed, and more than 140 employees; Crestline Investors provided a large credit facility to support growth.

Red Nucleus Acquires COEUS

February 4, 2025

Healthcare Services

Red Nucleus, a global strategic partner to life sciences companies, has acquired COEUS, a market access consulting and communications firm. The deal augments Red Nucleus' market access capabilities—particularly payor outreach, HEOR, patient access, and commercialization support—strengthening services for pharmaceutical and biotech clients.

Neace Ventures Invests in Afore Insurance Services; John Neace Named Vice Chairman

June 2, 2025

Insurance

Neace Ventures has made a strategic investment in Afore Insurance Services and John Neace will join Afore's Board of Directors as Vice Chairman. Neace Ventures will contribute a portfolio of insurance agency acquisitions currently under LOI that Afore will close, accelerating Afore’s national roll-up and expanding its footprint and capabilities.

Afore Insurance Services Partners with BCA Insurance Group to Form Mid-Atlantic Hub

November 22, 2024

Insurance

Afore Insurance Services has partnered with New Jersey-based BCA Insurance Group to establish a Mid-Atlantic regional platform hub. BCA will continue to operate under its existing leadership and branding while leading Afore’s commercial lines business in the region; financial terms were not disclosed.

Afore Insurance Services Acquires Myron K. Hobbs & Company

February 9, 2026

Insurance

Afore Insurance Services has acquired Myron K. Hobbs & Company, LLC, marking Afore’s entry into Kentucky and establishing a new Louisville-area office. The acquisition brings group employee benefits capabilities and the Myron Hobbs team into Afore’s platform; financial terms were not disclosed.

Vista Equity Partners Acquires Alegeus

August 7, 2018

Cloud & SaaS

Vista Equity Partners signed a definitive agreement to acquire Alegeus, a market-leading consumer-directed healthcare (CDH) SaaS platform, from investment funds affiliated with Lightyear Capital. The acquisition will support Alegeus’ next phase of growth—leveraging Vista’s software and operational expertise to scale the platform that serves 300+ clients and about 30 million consumers.