Imperial PFS (IPFS) has acquired Stonemark, Inc., a privately held premium finance organization. The transaction closed on April 1, 2024.
Frisco, Texas-based Stonemark’s existing client base of over 4,000 agencies, along with their entire team, are joining IPFS with this deal. This acquisition signifies tremendous growth potential in premium finance, bringing together two organizations with decades of industry expertise.
Stonemark specializes in property and casualty insurance products for both commercial and personal lines.
Colonnade Securities LLC acted as a financial advisor to Stonemark.
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies 
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US 
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir 
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 
