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.”
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.
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