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Afore completes acquisition of Broussard and Associates, Inc. to expand into Tennessee

PRIVATEFeb 10, 2025

Acquiring Company

Afore Insurance Services

Acquired Company

Broussard and Associates

AlpharettaFranklinInsuranceInsurance

Description

Afore Insurance Services, LLC has announced the acquisition of Franklin, Tennessee-based Broussard and Associates, Inc. doing business as Innovative Insurance Services, to expand its national footprint and enhance client service. This strategic move enables Afore to grow its presence in Tennessee and form a partnership to better serve clients in the region.

Quick answer

Afore Insurance Services is acquiring Broussard and Associates, announced February 10, 2025. Afore Insurance Services is based in Alpharetta, Georgia, United States.

How much did Afore Insurance Services pay for Broussard and Associates?
The deal value was not disclosed.
What does Afore Insurance Services do?
Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies the opportunity to partner with a top 100 national firm to better serve clients.
Where are Afore Insurance Services and Broussard and Associates based?
Afore Insurance Services is based in Alpharetta, Georgia, United States. Broussard and Associates is based in Franklin, Tennessee, United States.

Source: Fundz verified event record.

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Company Information

Company

Afore Insurance Services

Location

3480 Preston Ridge Rd

Alpharetta, Georgia, United States

About

Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies the opportunity to partner with a top 100 national firm to better serve clients. With roots going back to the 1970s, Afore has successfully acquired over 50 agencies and operates them under custom operating structures where (former owner) principals and producers direct client sales and service activities locally. Today, Afore is one of the largest insurance brokers in the US, with 20+ offices nationwide.

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Frequently asked

Who acquired Broussard and Associates?

Broussard and Associates was acquired by Afore Insurance Services, based in Alpharetta. The deal was reported on February 10, 2025. Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies the opportunity to partner with a top 100 national firm to better serve clients. Afore Insurance Services is privately held and operates in Insurance.

When did Afore Insurance Services acquire Broussard and Associates?

Afore Insurance Services's acquisition of Broussard and Associates was reported on February 10, 2025. Afore Insurance Services, LLC has announced the acquisition of Franklin, Tennessee-based Broussard and Associates, Inc. doing business as Innovative Insurance Services, to expand its national footprint and enhance client service. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Broussard and Associates do?

Broussard and Associates, Inc. (dba Innovative Insurance Solutions) was launched in 2018 by Kimberlee Broussard and her son Thomas Broussard. It is privately held, operating in Insurance, and is based in Franklin.

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