BUYOUTS-Insurance broker targeting Hispanic market does biggest deal

Newswire

* Buys Affirmative Insurance unit for up to $120 mln * Confie Seguros is backed by ABRY Partners * 17th acquisition since last November By Steve Gelsi NEW YORK, Sept 25 (Reuters-BUYOUTS) - Private equity-backed insurance broker Confie Seguros is buying the retail auto insurance unit of Affirmative Insurance Holdings in its largest in a series of acquisitions to build up its business with Hispanic customers around the ...

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