Private equity-backed Confie Seguros has acquired 1 Stop Financial Service Centers of America.
The Round Rock, Texas-based target provides insurance services, short-term financial assistance and tax-preparation services through 16 offices in 10 cities. The deal should continue to build up Confie’s presence in Texas, where it has already made several acquisitions. Terms of the deal were not disclosed.
Confie has been on an acquisition spree for well over a year, picking up James S. Sullivan Agency, Advanced Auto Insurance and Family Insurancein October, and CW Banker Insurance Agency and Lewiston Insurance Agency in July.
Confie Seguros, headquartered in Huntington Beach, Calif., is backed by PE firm Abry Partners, which bought the company in 2012.