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Third Wave Insurance acquires five agencies in Gulf Coast

PRIVATEJul 29, 202611 days ago

Acquiring Company

Third Wave Insurance

Acquired Company

WORQ

AtlantaMalaysiaRetail

Description

Third Wave Insurance has announced its acquisition of five insurance and advisory businesses in Louisiana, Mississippi, and Florida. This strategic move marks Third Wave's entry into the Gulf Coast market, expanding its presence in the Southeast. The acquisition is aimed at enhancing its brokerage portfolio and services.

Company Information

Company

Third Wave Insurance

Location

Atlanta, Georgia, United States

About

Third Wave Insurance is a commercial retail brokerage. It is led by Brian Bair, a former executive of AssuredPartners. The firm focuses on growth through organic expansion and acquisitions. It is backed by TPG, an asset management firm.

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Strategic

ML-powered predictions for Third Wave Insurance's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by Third Wave Insurance, based in Atlanta. The deal was reported on July 29, 2026. Third Wave Insurance is a commercial retail brokerage. It is led by Brian Bair, a former executive of AssuredPartners. The firm focuses on growth through organic expansion and acquisitions. Third Wave Insurance is privately held and operates in Retail.

When did Third Wave Insurance acquire WORQ?

Third Wave Insurance's acquisition of WORQ was reported on July 29, 2026. Third Wave Insurance has announced its acquisition of five insurance and advisory businesses in Louisiana, Mississippi, and Florida. This strategic move marks Third Wave's entry into the Gulf Coast market, expanding its presence in the Southeast. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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