Alliant Insurance Services has expanded its footprint in Texas with the strategic acquisition of Highpoint Insurance Group, a multi-line broker located in Friendswood.
Highpoint Insurance Group, with 44 employees, will operate as Alliant following the acquisition. The firm serves the middle market in the Greater Houston area, with commercial and personal lines and employee benefits insurance, and particular opportunity for growth in the oil and gas and construction and surety industries.
The acquisition is the second in Texas for Alliant in the past month, following McAfee Insurance Agency in Mercedes, a leading insurance service provider in East Texas.
MarshBerry served as financial advisor to Highpoint Insurance Group for the transaction.
Topics Mergers & Acquisitions Texas Alliant
Was this article valuable?
Here are more articles you may enjoy.
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July 
Charges Dropped Against ‘Poster Boy’ Florida Contractor Accused of Insurance Fraud 
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds 
