TWFG in Texas Gets Capital Infusion for National Growth
The Woodlands Financial Group has completed the sale of a minority interest in its capital stock to RenaissanceRe Ventures U.S. LLC.
The transaction will provide a capital infusion that Woodlands, Texas-based TWFG will direct toward expediting national growth. Terms of the deal were not disclosed.
Michael Doak, president of RenaissanceRe Ventures U.S. LLC, has joined the TWFG board of directors.
TWFG has more than 350 retail branches in 22 states and 3,000 independent agent affiliations in 38 states.