Confie Seguros Acquires NII

Confie Seguros has acquired NII Brokerage, an agency with 26 offices concentrated in Upstate New York.

Confie Seguros is a private equity-backed firm that is building a nationwide brokerage business focusing on Hispanic insurance buyers.

The firm said NII’s significant presence in New York serves as a platform for Confie Seguros to expand throughout the Empire State, as well as into Connecticut and Pennsylvania.

With the addition of NII, the company said it will generate about $150 million in annual revenues.