Confie Seguros Acquires Olympic Insurance in Washington

Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance.

Olympic Insurance was founded in 1997 and is a privately owned independent insurance agency serving Washington.

Confie first entered Washington in 2010 with the acquisition of the iconic Vern Fonk Insurance. Olympic Insurance is Confie’s the eighth acquisition in the Pacific Northwest and the 17th Vern Fonk location.

California-based Confie Seguros has built a national portfolio of regional auto insurance brokerages. Confie has reported annual revenue of over$200 million with more than 300 retail locations and market positions in California, Arizona, Texas, Florida, Washington, Oregon, New York, New Jersey, and Nevada. Confie Seguros is a portfolio company of ABRY Partners.

Topics Mergers & Acquisitions Washington