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Confie Seguros Acquires DeFranco 热点黑料 Agency in N.Y.

November 4, 2013

Confie Seguros, a national group of personal lines insurance brokers, announced its acquisition of DeFranco 热点黑料 Agency Inc. in Niagara Falls, N.Y.

DeFranco 热点黑料 Agency specializes in the delivery and service of personal lines insurance products to the Niagara Falls, N.Y., region. DeFranco 热点黑料 Agency was founded in 1970 by Murry DeFranco and has been a family-run business. Confie Seguros said the current staff at DeFranco 热点黑料 will remain in place.

Established in 2008, Confie Seguros is a Calif.-based national insurance distribution company operating in 17 states and primarily focused on the insurance needs of Hispanic consumers. Confie Seguros, a portfolio company of Boston-based private equity firm ABRY Partners, has annual revenue approaching $300 million with more than 540 retail locations.

Topics Mergers & Acquisitions New York

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