Houston, Texas – On December 31, 2020, Texan Insurance acquired Suzanne Brown Agency LLC in an all-cash transaction.
Founded in 2001, Suzanne Brown Agency is an independent, full-service insurance agency that specializes in personal and commercial insurance needs. Suzanne Brown Agency is a Gold Star Better Business Bureau, A+ Rated Agency, and a “TEXAS MONTHLY – Five Star Insurance Professionals” recipient. As a part of the transaction, all 11 of the Suzanne Brown staff will join the Texan Insurance staff and will continue to work out of their existing location in the Houston Energy Corridor.
“I am excited to welcome this new chapter in the agency’s future,” said Suzanne Brown, President of Suzanne Brown Agency. “This acquisition will strengthen the great relationships we have established with our customers and will offer exciting career advancement opportunities for our agents.”
This is Texan’s third acquisition in three years and will bring their total employee count to over 50. The two agencies found mutual benefits in the transaction and progressed to a quick close﹣from the signing of a letter of intent to closing date﹣in less than 60 days.
“We are thrilled to welcome the talented team from Suzanne Brown Agency and are excited to continue their legacy of providing superior service to customers,” stated Rahim Virani, President of Texan Insurance. “This opportunity will also allow us to enhance our close relationships with the top insurance providers in the country. We look forward to continuing our growth strategies by acquiring best in class agencies in Texas and Louisiana.”
Source: Texan Insurance
“Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.”
