Genstar Capital News

Genstar Capital Acquires Michigan’s Acrisure

San Francisco-based private equity firm Genstar Capital LLC has acquired Acrisure, a large retail insurance brokerage headquartered in Grand Rapids, Mich. Acrisure’s product lines include property and casualty, employee benefits and related third party administrator services, human resource outsourcing, loss …

Genstar, Aquiline Bid for Genworth Businesses: Sources

Private equity firms Genstar Capital and Aquiline Private Equity LLC have teamed up and are in exclusive negotiations to buy Genworth Financial Inc.’s wealth management business and its San Francisco-based alternative investment business, two sources familiar with the situation said. …

Confie Eyes More Expansion, Push Into Standard Lines

In the coming year Confie Seguros plans to up its buying spree and expand into standard personal and small commercial lines, while broadening its demographic from being primarily Hispanic focused, the president of the Buena Park, Calif.-based insurance agency said …

Confie Seguros Buys Florida, Nevada Agencies

Confie Seguros, a national provider of personal lines insurance focused on Hispanic consumers, has acquired four regional insurance brokerages in Florida and Nevada. Confie Seguros completed the acquisitions of Florida-based Maurisset Insurance, CNS Insurance Services and Briar Bay Insurance, as …

Genstar In Hunt for Another Confie-like Brokerage

Now that it has sold its equity stake in Hispanic-focused auto insurance broker Confie Seguros, Genstar Capital LLC appears to be on the hunt for another insurance concern. The San Francisco, Calif.-based private equity firm on Friday sold off its …

Genstar Capital Acquires Innovative Aftermarket Systems of Texas

San Francisco-based private equity firm Genstar Capital, LLC said it has acquired Innovative Aftermarket Systems, which underwrites and markets motor vehicle protection products and related services sold through franchised automobile dealers. Headquartered in Austin, Texas, IAS offers finance and insurance …