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Capstone Strategic Guides Security Service Insurance on Acquisition of Pace Insurance Managers


Capstone Strategic Guides Security Service Insurance on Acquisition of Pace Insurance Managers
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Capstone Strategic announced today that Security Service Insurance, a subsidiary of Security Service Federal Credit Union has acquired Pace Insurance Managers.
Capstone Strategic
“We are thrilled to continue to help Security Service Insurance grow through strategic acquisitions. With the acquisition of Pace Insurance, Security Service will enhance its member solution set while accelerating growth,” said John Dearing, Partner at Capstone.
TYSONS CORNER, Va. (PRWEB)
April 19, 2021
Capstone Strategic, Inc. (Capstone) announced today that Security Service Insurance, a subsidiary of Security Service Federal Credit Union, headquartered in San Antonio, Texas, has acquired Pace Insurance Mangers. Pace, a 62-year-old agency, provides full-service insurance coverage to the forest product ....

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M&A activity was modest in 2020 while 2021 portends growth


M&A activity was modest in 2020 while 2021 portends growth
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Capstone Strategic’s annual survey reveals that 2020 was a modest year for mergers and acquisitions activity as COVID-19 did have a moderate impact on most industries.
“The 2020 survey and our own observations indicate that we will see a renewed interest in M&A activity due to pent up demand and supply in the marketplace. 2021 presents a unique opportunity for companies that decide to execute strategic acquisitions,” said David Braun, CEO of Capstone Strategic.
TYSONS CORNER, Va. (PRWEB)
April 13, 2021
Leaders from various industries generally reported a modest picture of growth and M&A activity according to a new survey by Capstone Strategic, a leading strategic M&A advisory firm for the middle market. The survey was conducted in January and February 2021 and is the eighth annual survey of the market. ....

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Security Service Insurance Acquires Louisiana's Pace Insurance Managers


Security Service Insurance Acquires Louisiana’s Pace Insurance Managers
April 7, 2021
San Antonio-based Security Service Insurance, an independent agency currently licensed in eight states, has acquired Pace Insurance Managers LLC. (Pace) in Springhill, Louisiana.
With Security Service Insurance agents located in branches throughout these states, this acquisition will add additional expertise in Louisiana, the company said.
Pace provides full-service insurance coverage to the forest products industry in Northern Louisiana, according to the acquisition announcement.
A full-service subsidiary of Security Service Federal Credit Union, the Security Service insurance agency serves members and the general public in Texas, Colorado and Utah.
The credit union has more than $9.8 billion in assets and more than 803 thousand members. ....

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