Insurance group Confie Seguros has continued a buying spree and picked up Ida Tunnell Insurance.
Ida Tunnell, headquartered in Marble Falls, Texas, provides personal lines insurance. The acquisition brings the number of offices the buyer has in Texas to 120. Terms of the deal were not disclosed.
Huntington Beach, Calif.-based Confie Seguros has offices in 17 states. In February, the company bought 1 Stop Financial Service Centers of America, a Round Rock, Texas-based insurer.
October, Confie Seguros bought three more insurers, aiming to expand its geographic footprint.
The insurer has been backed by PE firm Abry Partners since 2012. Abry is also invested in American Cyber Systems, Eduk Group and Psychological Services Inc.