Jul 11, 2016 – AssuredPartners acquires LegacyTexas Insurance Services

AssuredPartners Announces Acquisition
of LegacyTexas Insurance Services
Bank Sells Insurance Business to National Insurance Broker
Lake Mary, Fl, July 11, 2016 : AssuredPartners, Inc. is proud to announce the acquisition
of LegacyTexas Insurance Services of Richardson, TX. LegacyTexas Bank has sold the
general insurance block of business to AssuredPartners. The staff of 21 will continue
operations under the leadership of Paul C. Fredette. LegacyTexas Insurance Services
reports approximately $3 million in revenues.
“LegacyTexas Bank was approached with a unique opportunity to divest the insurance
portion of our business while keeping current client’s protection intact,” said Aaron
Shelby of LegacyTexas Bank. “We are confident that we found the right partner for our
clients and employees to transition into the AssuredPartners fold.”
“With the addition of LegacyTexas Insurance Services we are pleased to enter the Dallas
and Fort Worth marketplace with our continued expansion in Texas,” said Tom Riley,
President and COO of AssuredPartners. “We would like to welcome the clients and staff
of LegacyTexas Insurance Services to AssuredPartners.”
For more information about LegacyTexas, please visit: http://www.legacytexas.com.
ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley,
AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property
and casualty, employee benefits, surety and MGU’s) across the United States and in
London. From its founding in March of 2011, AssuredPartners has grown to over $600
million in annualized revenue and continues to be one of the fastest growing insurance
brokerage firms in the United States* with over 125 offices in 30 states and a London
office. Since 2011, AssuredPartners has acquired more than 150 insurance agencies. For
more information, please contact Dean Curtis, CFO, at 407.708.0031 or
dcurtis(at)assuredptr.com, or visit http://www.assuredptr.com.
*As ranked by Business Insurance in the July 20, 2015 edition, featuring the “100 largest
brokers of U.S. business.”
Mystic Capital Advisors Group, LLC represented LegacyTexas in the transaction. For
more information on Mystic Capital, please contact Kevin P. Donoghue at 212-251-0972
or visit www.mysticcapital.com.