Confie Acquires Vela Insurance Agency and Riteway Insurance

January 13, 2021

Confie, a leading U.S. personal lines insurance distribution company and portfolio company of ABRY Partners, completed acquisitions of Vela Insurance Agency and Riteway Insurance and will integrate both agencies into its InsureOne standard insurance brand. The deals give InsureOne its first presence in Colorado (Vela) and expand Confie’s footprint in the Boca Raton area of Florida (Riteway); both agencies specialize in standard personal lines and commercial insurance.

Buyers
Confie
Targets
Vela Insurance Agency, Riteway Insurance
Platforms
InsureOne (Confie)
Industry
Insurance
Location
United States
Transaction Type
Addon

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