Predict your next investment

FINANCIAL | Insurance
1stoptexas.com

See what CB Insights has to offer

Stage

Acquired | Acquired

About 1 Stop Financial Service Centers of America

1 Stop Financial Service Centers of America is a provider for a variety of insurance needs, as well as short term financial assistance, and professional tax preparation services with 16 offices located in 10 cities throughout central Texas.

1 Stop Financial Service Centers of America Headquarter Location

602 McNeil Rd #104

Round Rock, Texas, 78681,

United States

512-671-9100

Latest 1 Stop Financial Service Centers of America News

Confie Seguros Acquires 1 Stop Financial Service Centers of America

Feb 3, 2014

2014 Confie Seguros Acquires 1 Stop Financial Service Centers of America In First Transaction of 2014, Confie Builds Texas Presence with Addition of 16 Offices in Central Texas HUNTINGTON BEACH, Calif., Feb. 3, 2014 /PRNewswire/ -- Confie Seguros, a rapidly growing national provider of personal lines insurance, today announced the acquisition of 1 Stop Financial Service Centers of America, a provider for a variety of insurance needs, as well as short term financial assistance, and professional tax preparation services with 16 offices located in 10 cities throughout central Texas. The addition of 1 Stop will enhance Confie's already strong presence in the state and allow the company to distribute personal insurance products to a broader customer base via the integration of 1 Stop into Texas State Low Cost Insurance, which was acquired by Confie last year. 1 Stop, based in Round Rock, TX near Austin, was founded in 2005 and has since grown organically and through five acquisitions. Joe Waked, CEO of Confie Seguros, said, "We were very impressed with the growth of 1 Stop since its founding and we look forward to rapidly integrating the customer base into the Confie family of companies. This acquisition further solidifies our leading position as a national insurance broker and we look forward to working with the talented 1 Stop executive team in continuing the company's growth. " Confie continues to evaluate a strong pipeline of transactions and expects 2014 to be its busiest year yet. About Confie Seguros Established in 2008, Confie Seguros is a leading, California-based national insurance distribution company operating in 17 states and primarily focused on the insurance needs of Hispanic consumers. The experienced Confie Seguros management team, led by CEO Joe Waked, continues to build Confie Seguros' portfolio of regional auto insurance brokerages, and today it has annual revenue approaching $300 million with approximately 540 retail locations. The company has leading market positions in California, Arizona, Texas, Florida, Washington, Oregon, New York, New Jersey, Nevada, Illinois, Alabama, Kansas, Wisconsin, South Carolina, Missouri, Louisiana,  and Indiana and expects to continue its expansion in those and other states, including  Georgia, Virginia and North Carolina. Confie Seguros is a portfolio company of ABRY Partners. For more information about Confie Seguros, please visit  www.confieseguros.com . Contact:

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.