Trucordia has continued its M&A streak with the acquisition of Breezy Seguros, a technology-focused insurance firm based in Framingham, Massachusetts.
Breezy Seguros also operates offices in Stoughton and Hyannis and provides multilingual services in English, Spanish and Portuguese.
The firm offers personal and commercial insurance products including auto, home, renters, business owner, commercial auto, workers’ compensation, umbrella and general liability coverage.
“Bringing Breezy Seguros into Trucordia strengthens our footprint in Massachusetts and deepens our commitment to client service, language accessibility, and community empowerment,” said Felix Morgan (pictured), CEO of Trucordia.
"The Breezy Seguros team's dedication to transparent, intuitive service and helping Latino business leaders succeed aligns with our vision to be on the vanguard of the next generation of insurance solutions providers,” Morgan said.
The acquisition takes place during a period of shifting conditions in the US insurance brokerage M&A market. Industry data show that announced deals in the US and Canada declined 8% in the first half of 2025, totaling 319 transactions.
Analysts note that higher financing costs and selective buyer behavior have contributed to the slowdown, though deal activity improved modestly in the second quarter.
Broader consolidation also continues across New England, where regional brokerages have pursued acquisitions to strengthen local market share. Recent deals include King Risk Partners’ acquisition of Acacia Insurance in Waltham.
The Breezy Seguros deal is also part of a larger expansion drive by Trucordia. The brokerage has completed five recent acquisitions across the country: Assured Insurance Consultants in Tennessee; Charles River Insurance and Breezy Seguros in Massachusetts; Eberle Insurance Agency in Arkansas; and Osborn Insurance Agency in New Jersey.
The broker’s M&A spree is also backed by significant capital; in June, Trucordia received a $1.3 billion investment from Carlyle’s Global Credit platform in a transaction that reduced the its debt and simplified its ownership structure through the repurchase of shares from minority investors.