Transaction · Insurtech · 2026

Trucordia acquires Assets of Hecht-Stout Insurance Agency

Trucordia acquired Assets of Hecht-Stout Insurance Agency on June 9, 2026.

Target
Assets of Hecht-Stout Insurance Agency
Acquirer
Trucordia
Announced
June 9, 2026
Sub-sector
Insurtech

Transaction overview

  • Trucordia announced the acquisition of Assets of Hecht-Stout Insurance Agency on June 9, 2026.

Strategic rationale

Trucordia acquires Hecht-Stout Insurance Agency assets in Illinois.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
June 9, 2026
Acquirer
Trucordia (Strategic)
Sub-sector
Insurtech

Sources

  • prnewswire.com /news-releases/trucordia-acquires-assets-of-hecht-stout-insurance-agency-expanding-client-focused-commercial-insurance-capabilities-in-illinois-302794175.html