World Insurance Associates Expands in Louisiana, Texas With 5 Acquisitions
World Insurance Associates LLC (“World”), announced today that it acquired the business of five entities with locations across Louisiana and Texas on August 1, 2024.
The agencies are The Firm of Louisiana P&C, LLC (Lake Charles), McFatter Insurance Agency, Inc. (Lake Charles), Insure Plus LLC (Baton Rouge), The Firm of Cenla (Alexandria) and Creekside Risk Management LLC (Houston).
Terms of the transaction were not disclosed.
The entities are mainly property and casualty specialists, providing insurance to individuals and businesses.
Giordano, Halleran & Ciesla provided legal counsel and Alvarez & Marsal advised World on the transaction. Greenberg Traurig, LLP provided legal counsel, and MidCap Advisors, LLC advised the entities on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
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