Insurvia, an Insurance Platform Backed by Gemspring Capital, Expands Geographic Presence and Service Offering with Acquisition of La Familia Agency
News provided by
Share this article
Share this article
LAS VEGAS, May 3, 2021 /PRNewswire/ Insurvia, a Gemspring Capital portfolio company with holdings including Fiesta Insurance and Bravo General, announced that it has acquired La Familia Agency, LLC, a market-leading independent insurance agency based in Dallas, Texas.
La Familia Agency (or LFA ) specializes in providing automotive and related insurance products and services to the Hispanic community from its 67 locations across Texas and its innovative retail operations infrastructure. LFA has been founder-owned and operated since inception and will continue to be led by its original founders.
La Familia Agency, LLC Joins Fiesta Insurance Sponsored Content By Newswire | February 4, 2021
Combined entity will be leading insurance and tax service retailer specializing in servicing the Hispanic Community
Las Vegas, NV – February 4, 2021 – Fiesta Insurance, a leading retail franchisor of insurance and tax services, today continued its expansion in distributing insurance and services in an innovative and collaborative approach to the Hispanic community, with the acquisition of La Familia Agency, LLC (LFAI).
With this transaction, Fiesta Insurance expands its footprint in the state of Texas, and within corporately owned storefront locations. LFAI, based in Dallas, is a profitable and growing independent insurance agency chain distributing insurance and other services across 67 locations. LFAI will maintain the La Familia Auto Insurance name and company-owned storefront business model.