NFP Expands Presence in Texas With Acquisition of Capstone Strategies

NFP announced the acquisition of Capstone Strategies, LLC, a P&C and benefits broker located in Midland, Texas. Capstone Strategies founders Blake Johnston and Brandon Sheppard will join NFP as senior vice presidents, reporting to Amanda Ruback, P&C managing director in NFP’s Central region.

The acquisition complements NFP’s capability in the commercial property energy space. The company launched its Houston-based Energy Group in March 2022.

Since 2006, Capstone has served the benefits and P&C needs of clients across West Texas with a specialty in commercial P&C solutions for oil and gas extraction companies. Johnston and Sheppard are West Texas natives with a deep knowledge of the nuances of the oil and gas business and specialized expertise related to the industry’s insurance needs.

NFP, an Aon company, is an organization of consultative advisors and problem solvers helping companies and individuals address their most significant risk, workforce, wealth management and retirement challenges.