Michelman & Robinson, LLP's ("M&R") Corporate & Securities Department successfully closed a transaction in which Confie Seguros, the nation's premier insurance distribution company serving the Hispanic community, acquired the business of NII Brokerage, Inc. on April 1, 2011.
As knowledgeable and experienced legal professionals in corporate acquisitions, Confie Seguros retained M&R to assist the insurance distributor in establishing an East Coast presence by acquiring one of New York's leading providers of retail automobile and small commercial lines insurance.
Utilizing a cross-disciplinary approach, M&R diligently constructed a deal that satisfied each of the parties in this transaction, including Confie Seguros, its private equity partner Genstar Capital, LLC, and lender GE Business Financial Services, Inc.