Announced
Completed
Financials
Sources
Tags
United States
personal insurance
Completed
Acquisition
Private
Majority
commercial insurance
Friendly
Insurance Brokers
Single Bidder
Synopsis
TWFG Insurance Services, a full service, national retail insurance agency, completed the acquisition of the personal and commercial insurance business of Panoptic Insurance, a national independent insurance agency. Financial terms were not disclosed. "This is an exciting opportunity for us. This acquisition increases the value we can deliver to our agency partners, strengthens our well-defined business model, and adds thousands of customers to the TWFG family," Gordy Bunch, TWFG Founder and President.
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