Alliant Acquires Confie from Abry Partners
April 23, 2021
Alliant Insurance Services entered into a definitive merger agreement to acquire Confie, the largest personal lines insurance distributor in the U.S., which serves more than 1 million customers and employs over 3,500 people. Confie is currently a portfolio company of Abry Partners; the transaction is expected to close in Q2 2021 subject to customary closing conditions and regulatory approvals, with terms not disclosed.
- Buyers
- Alliant Insurance Services
- Targets
- Confie
- Sellers
- Abry Partners
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Buyout
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