ReSource Pro Acquires Insurance Licensing Services of America (ILSA)

September 1, 2021

New York-based ReSource Pro has acquired Insurance Licensing Services of America (ILSA), a Groesbeck, Texas–based provider of insurance licensing, regulatory and compliance filing services, and also acquired ILSA’s podcast Spot On Insurance (SOI). ILSA — led by Russ Foster and comprising a team of more than 50 filings experts — will become part of ReSource Pro’s insurance experience center; financial terms were not disclosed and Morgan Partners served as exclusive financial advisor to ReSource Pro.

Buyers
ReSource Pro
Targets
Insurance Licensing Services of America (ILSA)
Location
Texas, United States
Transaction Type
Buyout

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