The company completes six transactions within a single week
By Ryan Smith
May 08, 2023 Share
Inszone Insurance Services recently set a company record, completing six M&A deals within a single week, including four acquisitions on April 28th alone.
Inszone said the record demonstrated its commitment to growth and expansion and highlighted its successful entry into the New Mexico market.
“The company’s mergers and acquisitions team has been relentless in identifying and evaluating potential acquisition targets, resulting in the successful completion of these deals,” Inszone said in a news release. “This outstanding accomplishment demonstrates Inszone Insurance’s resilience and exceptional performance amid a decline in M&A activity among other companies in the industry.”
Inszone said it plans to continue moving forward with its aggressive growth strategy, with further acquisition goals for the remainder of the year.
“We are immensely proud of our team’s dedication and hard work, which has been a driving force behind Inszone’s growth and expansion,” said Chris Walters, CEO of Inszone. “I want to extend my gratitude to our exceptional M&A team, whose efforts have been instrumental in maintaining our position as a formidable player in the M&A space. As we continue to pursue our ambitious goals for the remainder of the year, we remain focused on capitalizing on the opportunities these acquisitions present and delivering exceptional services to our clients.”
Read next: Inszone expands into Lone Star State with Austin Insurance
Inszone said it would share more details on the latest acquisitions in the near future.
The most recent acquisitions are part of an M&A spree by the company. in mid-April, Inszone announced the acquisition of Texas-based Champion Insurance Group. In March, the company snapped up The Contractors Insurance Group, an Arizona-based agency, and California-headquartered Larry Fu Insurance Agency.
The company currently has 42 locations across California, Arizona, Nevada, Utah, New Mexico, Colorado, Michigan, Missouri, Oregon, Texas and Illinois, and plans to further expand throughout the US.
Have something to say about this story? Let us know in the comments below.
Related Stories
- Inszone bolsters Texas footprint with acquisition
- Inszone continues acquisition spree
Fetching comments… Please enable JavaScript to view the comments powered by Disqus.
LATEST NEWS
INSURANCE NEWS
Lemonade shareholders ask why insiders aren't buying in
INSURANCE NEWS
Leavitt LA agency sale to Gallagher "an exceptional situation"
WORKERS COMP
Liberty Company launches workers' comp practice
TECHNOLOGY
Insurtechs partner to simplify commercial insurance