BharCap Partners Acquires Insurvia
March 14, 2024
BharCap Partners has closed the acquisition of Insurvia, an insurance services holding company that operates Fiesta Insurance and La Familia Insurance. Gemspring Capital and management were the selling shareholders; financial terms were not disclosed. BharCap said the deal expands its insurance distribution platform focused on non-standard auto insurance and underserved Hispanic consumers.
- Buyers
- BharCap Partners, LLC
- Targets
- Insurvia, Inc.
- Sellers
- Gemspring Capital, Management and other selling shareholders
- Industry
- Insurance
- Location
- Nevada, United States
- Transaction Type
- Buyout
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