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New Deal


Announced

Completed

Fiesta Insurance completed the acquisition of La Familia Agency.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

United States

Acquisition

Single Bidder

Insurance Brokers

Friendly

insurance services

Completed

Private

Majority

Synopsis

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Fiesta Insurance, a retail franchisor of insurance and tax services, completed the acquisition of La Familia Agency, an insurance brokerage services provider. Financial terms were not disclosed. "We welcome LFAI, their knowledgeable and experienced management team and employees, and are thrilled to add such an innovative, fast-growing organization that complements our mission of serving the Hispanic community. We are excited to continue to provide the highest service standards while helping our clients navigate required and essential, but often confusing, financial products like insurance and tax services," John Hollar, Fiesta Insurance CEO.

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