Mergers and Acquisitions (M&A): Trucordia Acquires Fuhriman Insurance.
Trucordia has announced the acquisition of Fuhriman Insurance. According to the company announcement Trucordia is a top 20 U.S. insurance brokerage headquartered in Lindon, Utah. The company offers a broad array of commercial and personal lines, life and health, and employee benefits insurance solutions. Trucordia is actively pursuing a transformational growth strategy, which includes acquiring successful businesses like Fuhriman Insurance to strengthen its expertise and expand its reach in various insurance markets. This strategy is supported by significant capital infusions, including a recent $1.3 billion investment from Carlyle’s Global Credit platform, which has increased the brokerage’s enterprise value to $5.7 billion.
To learn more about Trucordia, visit http://www.trucordia.com/
Company LinkedIn Page: https://www.linkedin.com/company/toyota-tsusho-america/
Company Contact:
Felix Morgan, Chief Executive Officer
385-273-2270
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