Paradiso Insurance of Connecticut Acquired by Trucordia | Financial Services M&A Deal

Trucordia has acquired Paradiso Insurance of Connecticut, a insurance brokerage business in Connecticut, for $15M. Paradiso Insurance of Connecticut provides personal and commercial coverage including auto, home, life, business, and specialty lines for clients in Stafford Springs, CT. Trucordia acquisitions expand carrier access, shared resources, and national support for the Paradiso team and customer base. The add on acquisition is part of financial services M&A and CT acquisitions by Trucordia, a private equity acquisition platform with about 5,000 employees across the U.S. The deal is announced and valued in the $10M–$25M range, supporting Trucordia’s growth strategy in property and casualty insurance brokerage.