Huntington Beach-based Confie Seguros Insurance Services has acquired three brokerages on the East Coast.
It bought Williamsville, N.Y.-based Bronkie Agency Inc.; Kissimmee, Fla.-based Your Insurance Spot Inc.; and Columbia, S.C.-based Wise Insurance Agency Inc.
The buy of Bronkie Agency, which was founded in 1961 and focuses on personal lines and small commercial insurance, brought the total number of Confie’s offices in New York to 52.
Your Insurance Spot was founded in 2007 and specializes in non-standard auto insurance. Confie now has 31 offices in Florida.
Wise Insurance, which was established in 1999, specializes in personal lines insurance and is the 13th location for Confie in South Carolina.
Terms weren’t disclosed for any of the deals.
Confie Chief Executive Valeria Rico said the company continues to look for potential acquisitions.
“As we complete our first quarter, our pipeline of potential acquisitions remains robust, and we are on track to meet our growth targets for the year,” she said in a statement.
Confie was founded in 2008 and now is owned by Boston-based private equity firm ABRY Partners.
It focuses primarily on Latino-American consumers. It’s grown rapidly in large part through acquisitions, and now has more than $350 million in annual revenue and about 650 offices nationwide.