Insurance Buyers & Acquisitions in Texas

Tracked deals

156

156 tracked deals across 2015-2026.

Buyer mix

Strategic-led

161 strategic · 19 pe

Top trend

Volume peaked in 2024

28 tracked deals announced in 2024.

Primary Insight

What Stands Out

  • Sompo International (via its U.S. subsidiary) announced a definitive agreement to acquire Austin, Texas-based Service Insurance Companies, a monoline workers’ compensation insurer; Service Insurance President Brad Davis is expected to continue leading the business.
  • AMBA expanded its affinity insurance platform by acquiring Amwins Group Benefits affinity and business process outsourcing (BPO) operations, including carrier-supported administrative infrastructure for employer-sponsored life and disability services.
  • Specialty and MGA activity shows up in Texas with ANV Group Holdings Ltd. adding a Texas-based managing general agent focused on hard-to-place monoline U.S. workers’ compensation.
  • Brokerage consolidation themes are visible in Texas with acquisitions such as Trucordia’s purchases of First Texas Agency (Houston) and Global Financial & Insurance Services (Irving area), and Alliant Insurance Services acquiring Highpoint Insurance Group (Greater Houston).
Buyer type Texas-focused examples Deal intent (as stated)
Specialty insurer / program Sompo International Enter/expand workers’ comp presence in Texas
MGA / specialty platform ANV Group Holdings, Risk Theory Add underwriting/program capabilities
Brokerage expansion Trucordia, Alliant Insurance Services, Confie Strengthen local footprint and scale
Affinity & operations AMBA Expand national affinity platform with BPO support

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Buyer Snapshot

Top Buyers

Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.

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Buyer # Deals Focus Type
Inszone Insurance Services 21 Full-service insurance brokerage providing commercial, pe... Strategic (PE-backed)
Hub International Limited 7 Leading full-service global insurance broker and financia... Strategic (PE-backed)
Arthur J. Gallagher & Co. 6 Global insurance brokerage, risk management and consultin... Strategic
Higginbotham 6 Independent insurance broker offering business insurance,... Strategic
World Insurance Associates LLC 5 National insurance brokerage headquartered in Iselin, NJ ... Strategic
Alera Group 4 Independent national insurance and wealth services firm o... Strategic (PE-backed)
Alliant Insurance Services 4 National insurance broker and distributor offering divers... Strategic
Risk Strategies 4 National specialty insurance brokerage and risk managemen... Strategic
AmeriLife Group, LLC 3 National insurance marketing, distribution, and brokerage... Strategic (PE-backed)
AssuredPartners, Inc. 3 Full-service insurance broker providing commercial insura... Strategic (PE-backed)

Acquisition Volume in Insurance in Texas by Year

Last 10 years

Acquisition volume by year Annual acquisition counts for the last 10 years for Insurance Buyers & Acquisitions in Texas. 1 2017 3 2018 3 2019 17 2020 22 2021 22 2022 27 2023 28 2024 24 2025 ~11 est. 8 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Integrity, LLC
    Target
    Visionary
    Seller
    Akki Roopani (Visionary-led organization)
    Industry
    Insurance
    Type
    Addon

    Integrity, LLC, a Dallas-based distributor of life and health insurance and provider of wealth management solutions, acquired Visionary, an independent marketing organization based in Atlanta, Georgia. The companies said the acquisition will leverage Integrity’s AI-first technology platform and shared services to accelerate agent success and improve the client experience nationwide; financial terms were not disclosed.

  • Buyer
    Sompo International Holdings Ltd., Sompo's U.S. subsidiary (unnamed)
    Target
    Service Insurance Companies
    Industry
    Insurance
    Type
    Buyout

    Sompo International Holdings said its U.S. subsidiary has entered into a definitive agreement to acquire Austin, Texas-based Service Insurance Companies, a monoline workers’ compensation insurer. The deal terms were not disclosed and is subject to regulatory and other customary closing conditions, while Service Insurance President Brad Davis is expected to continue leading the business under Sompo.

  • Buyer
    ANV Group Holdings Ltd.
    Target
    Specialty Comp Insurance Solutions (SCIS)
    Seller
    Specialty Program Group, Hub International
    Industry
    Insurance
    Type
    Buyout

    ANV Group Holdings Ltd. completed the acquisition of Specialty Comp Insurance Solutions (SCIS) from Specialty Program Group, a subsidiary of Hub International. The deal adds a Texas-based managing general agent (MGA) specializing in hard-to-place, monoline U.S. workers’ compensation for middle-market accounts and underserved risks.

  • Buyer
    AMBA
    Target
    Amwins Group Benefits, LLC (affinity business and BPO operations)
    Industry
    Insurance

    AMBA announced it acquired the affinity business and business process outsourcing (BPO) operations of Amwins Group Benefits, LLC. The deal expands AMBA’s national affinity platform and adds carrier-supported administrative infrastructure to support end-to-end affinity insurance program management, including employer-sponsored life and disability port/conversion services.

  • Buyer
    Risk Theory
    Target
    Roundhill Express
    Industry
    Insurance
    Type
    Buyout

    Risk Theory, a specialty insurance platform, completed its acquisition of Roundhill Express, a technology-enabled managing general agent (MGA) underwriting commercial habitational properties throughout New York City. The deal is Risk Theory’s first MGA acquisition and is intended to advance its disciplined buy-and-build strategy in high-barrier specialty insurance markets.

  • Buyer
    Inszone Insurance Services
    Target
    Scarbrough, Medlin & Associates, Inc.
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services has acquired Scarbrough, Medlin & Associates, Inc., a Dallas/Plano-area commercial property insurance agency founded in 1981. The deal expands Inszone's presence in Texas and enhances its commercial property insurance capabilities while the Scarbrough Medlin team will remain in place.

  • Buyer
    Insurvia, BharCap Partners, LLC
    Target
    Pronto Insurance
    Industry
    Insurance
    Type
    Addon

    BharCap Partners' portfolio company Insurvia has acquired Pronto Insurance, a Texas-based distributor and managing general agent (MGA) of personal lines insurance founded in 1997. The deal expands Insurvia's revenue and EBITDA, broadens its geographic presence (notably in Texas and California), and adds a complementary MGA capability to its platform; Pronto will continue to operate as a distinct brand.

  • Buyer
    Trucordia
    Target
    First Texas Agency
    Industry
    Insurance
    Type
    Buyout

    Trucordia, a top-20 U.S. insurance brokerage, has acquired the First Texas Agency business based in Houston, Texas. The acquisition strengthens Trucordia's presence in Texas and expands its local personal and commercial insurance capabilities.

  • Buyer
    Trucordia
    Target
    Global Financial & Insurance Services, Inc.
    Industry
    Insurance
    Type
    Addon

    Trucordia, a top-20 U.S. insurance brokerage headquartered in Lindon, Utah, has acquired Global Financial & Insurance Services, an Irving, Texas-based insurance and financial services firm. The deal expands Trucordia's nationwide insurance platform, adding local presence in the Dallas–Fort Worth area and access to Global Financial's personal, commercial and specialty industry insurance capabilities.

  • Buyer
    Trucordia
    Target
    Global Financial & Insurance Services
    Industry
    Insurance
    Type
    Buyout

    Trucordia, a top-20 U.S. insurance brokerage based in Lindon, Utah, has acquired Global Financial & Insurance Services, an Irving, Texas-based insurance and financial services firm. The deal expands Trucordia's national insurance platform and adds localized insurance, risk-management and financial planning capabilities across multiple U.S. markets.

  • Buyer
    Confie
    Target
    TGS Insurance Agency
    Industry
    Insurance
    Type
    Addon

    Confie, operating its InsureOne platform, has acquired Houston-based TGS Insurance Agency to accelerate InsureOne's national expansion in standard personal lines and small commercial insurance. The deal adds more than 130 insurance professionals to Confie and will expand scale in high-growth markets including Texas, Florida, and Louisiana; financial terms were not disclosed.

  • Buyer
    Alliant Insurance Services
    Target
    Highpoint Insurance Group
    Industry
    Insurance
    Type
    Buyout

    Alliant Insurance Services has acquired Highpoint Insurance Group, a multi-line broker based in Friendswood, Texas. Highpoint’s 44 employees will operate as Alliant as the transaction expands Alliant’s footprint in the Greater Houston market and strengthens capabilities in commercial and personal lines as well as employee benefits, with growth opportunities in oil & gas and construction/surety.

  • Buyer
    Senior Market Sales (SMS)
    Target
    Abt Insurance Agency
    Industry
    Insurance
    Type
    Buyout

    Senior Market Sales (SMS), an Omaha-based field marketing organization, has acquired Austin-based Abt Insurance Agency to expand its national Medicare insurance distribution. The deal will provide Abt with additional resources and allow SMS to broaden its health and wealth distribution network and digital lead-generation capabilities for serving seniors.

  • Buyer
    Alliant Insurance Services
    Target
    McAfee Insurance Agency
    Industry
    Insurance
    Type
    Buyout

    Alliant Insurance Services has acquired McAfee Insurance Agency in Mercedes, Texas to expand its transportation specialty platform and cross-border risk capabilities in South and East Texas. The firm also hired senior specialists Nader Dabboussi and Jordan Lewis to support its cross-border transportation strategy and deepen service offerings for trucking and transportation clients.

  • Buyer
    Alliant Insurance Services
    Target
    Texas Insurance Agency, McAfee Insurance Agency
    Industry
    Insurance
    Type
    Buyout

    Alliant Insurance Services has acquired Texas Insurance Agency in Laredo and McAfee Insurance Agency in Mabank as part of its expansion of the Alliant Transportation specialty platform in Texas. The transactions strengthen Alliant's cross-border trucking and transportation risk capabilities and expand its footprint across South and East Texas.

  • Buyer
    Higginbotham
    Target
    Stephens Insurance Services
    Industry
    Insurance
    Type
    Buyout

    Higginbotham, an employee-owned insurance, financial and HR services firm based in Fort Worth, Texas, has entered a partnership to bring Lubbock-based Stephens Insurance Services into its regional footprint. The move expands Higginbotham's capabilities in employee benefits and Medicare advisory while strengthening its presence across West Texas and eastern New Mexico.

  • Buyer
    Inszone Insurance Services
    Target
    Head Insurance
    Seller
    Chip Head (owner of Head Insurance)
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services has acquired Head Insurance, a long‑standing independent insurance agency based in Goldthwaite, Texas, marking Inszone’s entry into the Texas market. The acquisition brings Head Insurance’s local team and century‑long client relationships into Inszone’s national brokerage platform, expanding carrier access and capabilities for clients.

  • Buyer
    AvonRisk
    Target
    AS&G Claims Administration, Inc., Care Logic, Inc.
    Industry
    Insurance
    Type
    Addon

    AvonRisk, a PE-backed national provider of risk management and managed care services, acquired Houston-based AS&G Claims Administration, Inc. and Care Logic, Inc. The deal expands AvonRisk’s geographic footprint into Texas, Louisiana, Mississippi, and Alabama and enhances its medical bill review and claims administration capabilities; AS&G and Care Logic will continue to operate under their existing names with current leadership retained.

  • Buyer
    World Insurance Associates LLC
    Target
    Abacus Insurance and Financial Services
    Seller
    Abacus Insurance and Financial Services, Rafiq Hassan, Abid Hassan, Shahira "Saira" Somani, Ankit Patel
    Industry
    Insurance
    Type
    Buyout

    World Insurance Associates LLC acquired the business of Abacus Insurance and Financial Services (Irving, TX) effective April 1, 2025; terms were not disclosed. The deal brings Abacus's commercial-lines expertise — with a niche in hotels/motels and convenience stores — into World's Texas operation to deepen its local capabilities and client offerings.

  • Buyer
    Bishop Street Underwriters, RedBird Capital Partners
    Target
    Aerospace Insurance Managers
    Seller
    Hallmark Financial
    Industry
    Insurance
    Type
    Addon

    Bishop Street Underwriters, a RedBird Capital Partners portfolio company, acquired Aerospace Insurance Managers (AIM) from Hallmark Financial. The add-on expands Bishop Street's specialty MGA platform into the personal and general aviation insurance market; AIM — an aviation-focused underwriting team operating across 47 states — will continue to be led by Sean Kelley and Randy Kasen and remain focused on A+ rated coverage.

  • Buyer
    Equal Parts
    Target
    Assurely
    Industry
    Insurance
    Type
    Buyout

    Equal Parts, a next-generation insurance agency platform, has acquired Austin-based Assurely, an agency and MGA known for its TigerMark D&O program tailored to early-stage and non‑traditional capital companies. The acquisition brings Assurely's fintech expertise and proprietary D&O product into Equal Parts' AI-enabled platform to scale specialized coverage for startups and improve operational efficiency.

  • Buyer
    COVU, Inc.
    Target
    Uno Insurance Services
    Industry
    Insurance
    Type
    Buyout

    COVU, an AI-native insurance servicing platform based in San Francisco, has acquired Uno Insurance Services, a Houston-based agency focused on Spanish-speaking communities. The deal expands COVU’s roll-up into the Texas market and combines Uno’s local relationships and retention strengths with COVU’s AI infrastructure to accelerate growth and further agency consolidation.

  • Buyer
    Revau Advanced Underwriting Inc., Novacap
    Target
    Brazos Specialty Risk Insurance, Twenty Mile Insurance Services
    Industry
    Insurance
    Type
    Addon

    Novacap-backed Revau Advanced Underwriting has partnered with Texas-based MGAs Brazos Specialty Risk Insurance and Twenty Mile Insurance Services in a cash-and-equity transaction that brings both underwriting teams and U.S. distribution into Revau's platform. The deal expands Revau's North American footprint and combines Brazos and Twenty Mile's underwriting capabilities with Revau's data analytics, capital base and digital infrastructure to accelerate product innovation and U.S. growth.

  • Buyer
    The Westaim Corporation, Salem Group Partners LP
    Target
    Ceres Life Insurance Company
    Industry
    Insurance

    The Westaim Corporation made a US$350 million capital contribution to Salem Group Partners LP to fund the operations and launch of Ceres Life Insurance Company, a cloud-native annuity platform led by Deanna Mulligan. The proceeds are intended to support Ceres Life as it prepares to begin underwriting and servicing annuity policyholders.

  • Buyer
    Construction Casualty Insurance (CCI)
    Target
    Higginbotham
    Industry
    Insurance

    Fort Worth-based Higginbotham has formed a strategic partnership with Construction Casualty Insurance (CCI) of St. Petersburg, Florida, integrating CCI's AI-powered CompCorrect platform into Higginbotham's Day Two Services. As part of the arrangement, members of the CCI team acquired a meaningful equity stake in Higginbotham to scale CompCorrect across Higginbotham's national footprint and better serve high-risk construction and commercial clients.

  • Buyer
    SWBC Property and Casualty Insurance Company (SWBC P&C)
    Target
    SWBC RE, Ltd.
    Industry
    Insurance

    SWBC Property and Casualty Insurance Company (SWBC P&C) has merged with sister company SWBC RE, Ltd., with SWBC P&C surviving. The internal consolidation is intended to improve operational efficiency, broaden market reach (including expansion into additional states), and strengthen the combined entity's balance sheet and reinsurance capabilities.

  • Buyer
    Risk Strategies
    Target
    GMC Advisors, LLC
    Industry
    Insurance
    Type
    Buyout

    Risk Strategies, a North American specialty insurance brokerage, has acquired Houston-based commercial lines agency GMC Advisors, LLC. The deal brings GMC’s construction, manufacturing and energy industry expertise into Risk Strategies’ West Region; terms were not disclosed.

  • Buyer
    Equal Parts, Equal Ventures, Max Ventures
    Target
    Lumen Insurance
    Seller
    Lumen Insurance (David Perez, founder and president)
    Industry
    Insurance
    Type
    Addon

    Equal Parts, a newly launched insurance platform backed by acquisition capital, announced its first acquisition of Austin-based Lumen Insurance. The deal brings Lumen’s specialty in serving venture-backed tech startups into Equal Parts’ AI-enabled model as the platform pursues consolidation of independent agencies.

  • Buyer
    Arthur J. Gallagher & Co., Risk Placement Services, Inc. (RPS)
    Target
    Litchfield Special Risks, Inc.
    Industry
    Insurance
    Type
    Buyout

    Arthur J. Gallagher & Co., through its U.S. wholesale brokerage division Risk Placement Services (RPS), has acquired El Paso-based wholesale broker and MGA Litchfield Special Risks, Inc. Financial terms were not disclosed. Litchfield specializes in transportation and property/casualty solutions for retail agents in Texas and the Southwest; Bill Brenton and his team will remain in place reporting to Ash Thomas of RPS.

  • Buyer
    Higginbotham
    Target
    EZ CERT (EZ CERT Management)
    Seller
    Program Insurance Group, EZ CERT Management
    Industry
    Insurance
    Type
    Buyout

    Higginbotham has acquired the EZ CERT franchise certificate tracking service from Program Insurance Group (home of EZ CERT) and formed a new association with the Georgetown, Texas agency. The move brings EZ CERT’s certificate-tracking capabilities and client base into Higginbotham’s national insurance, financial and HR services platform to expand capabilities and deliver franchise compliance services at scale.

  • Buyer
    Inszone Insurance Services
    Target
    Texas Classic Insurance Agency, Inc.
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services has acquired Texas Classic Insurance Agency, Inc., expanding Inszone's presence in Texas and strengthening its personal lines capabilities. Texas Classic, founded in 1991 with offices in Granbury and Liberty Hill serving the Dallas/Fort Worth area, will continue operating from its existing locations while gaining access to Inszone's resources, technology, and carrier network.

  • Buyer
    Texan Insurance
    Target
    J&M Insurance
    Industry
    Insurance
    Type
    Buyout

    Texan Insurance, a family-owned full-service insurance agency based in Houston, has acquired Austin-based J&M Insurance, a provider of personal and commercial insurance founded in 2005. The deal will keep the J&M team in place and expand Texan Insurance's service offerings and market presence across Texas.

  • Buyer
    Inszone Insurance Services
    Target
    Roten & Company Insurance
    Seller
    Roten & Company Insurance (Roten family)
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Roten & Company Insurance, a multigenerational family-run agency in San Antonio, Texas. The acquisition expands Inszone’s footprint in Texas and enhances its ability to provide commercial, personal, and benefits insurance to local businesses and individuals.

  • Buyer
    Arthur J. Gallagher & Co.
    Target
    DMc Insurance Partners (Howe Insurance Group LLC dba DMc Insurance Partners)
    Industry
    Insurance
    Type
    Buyout

    Arthur J. Gallagher & Co. (Gallagher) has acquired Austin, Texas-based Howe Insurance Group LLC, doing business as DMc Insurance Partners. Terms were not disclosed; John McNulty, Scott Durkin and their team will remain in Austin and will report into Gallagher’s U.S. retail personal lines leadership to expand the firm’s personal lines and small business capabilities in the Austin market.

  • Buyer
    Highstreet Insurance Partners (HSIP)
    Target
    Collum Insurance Group, LLC
    Seller
    Collum Insurance Group, LLC
    Industry
    Insurance
    Type
    Buyout

    Highstreet Insurance Partners (HSIP) has acquired the assets of Collum Insurance Group, LLC, an independent personal-lines insurance agency based in Richardson, Texas. The acquisition adds an additional Gulf Region location to HSIP’s footprint; Collum’s president, Carl Collum, will continue leading his team as part of HSIP’s Sandy Garza agency under Roland Luna.

  • Buyer
    Inszone Insurance Services
    Target
    Southerland and Associates, Inc.
    Seller
    Cynthia Southerland
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based national insurance brokerage, has acquired Southerland and Associates, Inc., an Austin, Texas insurance agency founded by Cynthia Southerland. The deal expands Inszone's presence in Texas and provides Southerland's clients access to a broader network of carriers and resources while enabling the founder’s planned exit and retirement.

  • Buyer
    Inszone Insurance Services
    Target
    Commercial Insurance of Texas Agency Services
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Commercial Insurance of Texas Agency Services, a Texas-based agency specializing in automotive, heavy truck aftermarket and equipment dealers' insurance. The acquisition expands Inszone's presence in Texas and adds specialized expertise in niche automotive and equipment insurance markets.

  • Buyer
    Brightstone Specialty Group, Highstreet Insurance Partners, Inc.
    Target
    DMI Insurance Services, South Valley Claims
    Industry
    Insurance
    Type
    Buyout

    Brightstone Specialty Group, a subsidiary of Highstreet Insurance Partners, has acquired Austin-based DMI Insurance Services and sister company South Valley Claims. The deal brings specialty program administration and claims capabilities for the independent automotive dealer market into Brightstone's specialty underwriting and services platform to expand its product offerings and U.S. footprint.

  • Buyer
    Hilb Group
    Target
    Undisclosed Texas-based property and casualty business
    Industry
    Insurance
    Type
    Addon

    Hilb Group acquired an undisclosed Texas-based property and casualty insurance business effective December 1, 2024, expanding the company's P&C presence in Texas and the region. Hilb Group, a Richmond, Virginia-based insurance brokerage and advisory firm that is a portfolio company of The Carlyle Group, continues to grow via add-on acquisitions to broaden its geographic footprint and service capabilities.

  • Buyer
    Inszone Insurance Services
    Target
    LIA Texas, LLC (Lyon's Insurance Agency)
    Seller
    Bobby Lyons, Emma Lyons, LIA Texas, LLC
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired LIA Texas, LLC (Lyon's Insurance Agency), a Dallas-based agency founded by Bobby and Emma Lyons. The acquisition expands Inszone's footprint in Texas and brings broader carrier access and support to the agency's commercial and personal lines clients, including artisan contractors and surety bond customers.

  • Buyer
    Hub International Limited
    Target
    ANCO Insurance Managers, Inc.
    Industry
    Insurance
    Type
    Buyout

    Hub International Limited has acquired the assets of ANCO Insurance Managers, Inc., a Bryan, Texas-based independent insurance brokerage. The deal brings ANCO's team of more than 150 employees and its commercial, personal and employee benefits capabilities into Hub's Texas platform to expand its geographic footprint and product offerings.

  • Buyer
    Inszone Insurance Services
    Target
    San Antonio Insurance Services
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired San Antonio Insurance Services, a Texas-based agency with a specialty in trucking insurance and commercial P&C solutions. The Stevens family (Greg and Aaron) will remain in leadership roles as Inszone expands its footprint in Texas and integrates the agency into its national network.

  • Buyer
    Hub International Limited
    Target
    WestStar Insurance Agency, Inc.
    Seller
    WestStar Bank
    Industry
    Insurance

    Hub International Limited has acquired the assets of WestStar Insurance Agency, Inc. from WestStar Bank. The transaction brings the WestStar Insurance team into Hub Texas to strengthen Hub's commercial and personal insurance capabilities in the Borderplex region; terms were not disclosed.

  • Buyer
    Promont Insurance Advisors, DOXA Insurance Holdings
    Target
    Pro Liability Group, LLC
    Seller
    Pro Liability Group, LLC, Linda Morse
    Industry
    Insurance
    Type
    Addon

    Promont Insurance Advisors, a DOXA Insurance company, has acquired the assets of Pro Liability Group, LLC, an allied underwriting program manager focused on healthcare liability. The deal brings Pro Liability's allied healthcare book and founder Linda Morse into Promont/DOXA to deepen Promont's underwriting capabilities and broaden distribution in the allied healthcare sector.

  • Buyer
    Warner Pacific
    Target
    Ashmore Agency, Inc.
    Industry
    Insurance
    Type
    Buyout

    Warner Pacific has completed the acquisition of the general agency of Ashmore Agency, Inc., a Lubbock, Texas-based employee benefits consulting and general agency business. The deal expands Warner Pacific's carrier and product portfolio and strengthens its Blue Cross Blue Shield relationships in Texas; Ashmore's co-owner Elizabeth "Beth" Ashmore will remain involved as a consultant.

  • Buyer
    PCF Insurance Services (PCF Insurance Services of the West, LLC)
    Target
    Montalvo Insurance Agency (insurance business)
    Seller
    Montalvo Insurance Agency
    Industry
    Insurance

    PCF Insurance Services, a top-20 U.S. insurance brokerage headquartered in Lehi, Utah, has acquired the insurance business of the Montalvo Insurance Agency, a long-standing agency serving southern Texas for more than 65 years. The deal brings Montalvo's public-entity client relationships and local team into PCF's platform, providing expanded market access, enhanced coverage solutions, and shared-services support.

  • Buyer
    LNC Partners
    Target
    YourPolicy
    Industry
    Insurance

    LNC Partners led a growth investment in YourPolicy, a technology-enabled independent insurance brokerage platform headquartered in Austin, Texas. The capital will support YourPolicy's acceleration of organic growth and an active M&A strategy while management, including CEO Justin Thomas, remains significant shareholders and will continue to lead the business.

  • Buyer
    Amwins, Amwins Connect
    Target
    Kilpatrick Companies
    Industry
    Insurance
    Type
    Buyout

    Amwins, through its Amwins Connect division, has acquired Kilpatrick Companies, a Houston-based general agency specializing in employee and individual benefits. The deal brings Kilpatrick into the national Amwins Connect platform to expand Amwins' Texas market presence and enhance product, service, and technology capabilities for brokers and clients.

  • Buyer
    Marsh McLennan Agency
    Target
    Perkins Insurance Agencies
    Seller
    Perkins Insurance Agencies, Mark Perkins
    Industry
    Insurance
    Type
    Buyout

    Marsh McLennan Agency (MMA), a subsidiary of Marsh McLennan, has acquired Perkins Insurance Agencies, an independent insurance agency based in Abilene, Texas, with an additional office in Eastland. The acquisition expands MMA's presence and capabilities in West Texas, bringing Perkins' commercial and personal lines expertise (including oil & gas, trucking, farm & ranch, and restaurant industries) into MMA's national platform; Perkins' employees, including CEO Mark Perkins, will remain in their existing offices.

  • Buyer
    Inszone Insurance Services
    Target
    T Blackwell Insurance Group
    Industry
    Insurance
    Type
    Buyout

    Inszone Insurance Services, a Sacramento-based full-service brokerage, has acquired T Blackwell Insurance Group, a Texas personal-lines agency founded by Tracey Blackwell in 2012. The acquisition expands Inszone's footprint in Texas and brings T Blackwell's community-focused, client-education approach and personal lines capabilities into the Inszone platform.

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Frequently Asked Questions

Which specialty segment shows up in recent Texas insurance acquisitions?

Workers’ compensation and specialty program capabilities appear in multiple transactions, including Service Insurance Companies (monoline workers’ compensation) and an MGA added by ANV Group Holdings Ltd. for hard-to-place monoline U.S. workers’ compensation.

Do Texas acquisitions include affinity insurance program operations?

Yes. AMBA acquired the affinity business and BPO operations of Amwins Group Benefits, LLC to support end-to-end affinity insurance program management and related services.

Are there acquisitions by specialty platforms and MGAs based in or targeting Texas?

Yes. Examples include Risk Theory (first MGA acquisition, for technology-enabled habitational property underwriting) and Insurvia (acquiring Pronto Insurance, a Texas-based distributor and MGA of personal lines).

Do buyers keep acquired teams or brands in Texas deals?

In several cases, the acquired teams are expected to remain in place or the acquired entity continues as a distinct brand. For example, the Service Insurance Companies president is expected to continue leading post-acquisition, and Pronto Insurance is expected to operate as a distinct brand after Insurvia’s acquisition.

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