Asset Protection Insurance Associates Acquired by TWFG | Financial Services M&A Deal

TWFG has acquired Asset Protection Insurance Associates, a insurance brokerage business in Texas, for $31M. Asset Protection Insurance Associates specializes in asset protection insurance and operates in the MGA space, serving clients through a client-centric model from Castroville, TX. TWFG acquisitions add an insurance brokerage acquisition capability focused on improving efficiency and scaling MGA lifecycle execution with advanced technology, data analytics, and digital solutions. The strategic acquisition is structured as an add on acquisition within financial services M&A, with TWFG as a strategic buyer pursuing TX acquisitions and growth infrastructure. Leadership continuity is planned, with Shannon DeLaune and the APIA team expected to remain in place post-close.