DMS Insurance Holdings’ Sherman Partners on Purchase of Texas Agency

November 7, 2018

A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by agency president Von E. Breaux and industry veteran D. Michael Sherman, owner of DMS Insurance Holdings.

Founded in 1962 by Dwight Sleeper, Sleeper Sewell Insurance is located in Dallas and was formerly operated as a division of ANBTX Insurance Services Inc., a wholly owned subsidiary of American National Bank of Texas.

Sleeper Sewell will operate as an LLC and Breaux will remain president of the privately held, independent insurance agency.

Breaux will lead the shareholder team of Myles Mendenhall, Michael Darnell, Kristin Lonergan, Kevin Edwards and Jeri Payne and will work closely with Michael Sherman in the strategic direction and overall growth plan of Sleeper Sewell Insurance and DMS Insurance Holdings.

Sleeper Sewell Insurance will continue in a strategic partnership with American National Bank of Texas and support its customers’ insurance needs.

A holding company for D. Michael Sherman, DMS Insurance Holdings LLC has ownership in Melcher & Prescott Insurance (New Hampshire) and Sleeper Sewell Insurance (Texas). A focus on internal perpetuation of independent insurance agencies is the business model for DMS.

Source: Sleeper Sewell Insurance

Topics Mergers & Acquisitions Texas

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