Trucordia acquires Assets of Hecht-Stout Insurance Agency
Trucordia acquired Assets of Hecht-Stout Insurance Agency for $250M on June 9, 2026.
- Target
- Assets of Hecht-Stout Insurance Agency
- Acquirer
- Trucordia
- Deal value
- $250M
- Announced
- June 9, 2026
- Sub-sector
- Insurtech
Transaction overview
- Trucordia announced the acquisition of Assets of Hecht-Stout Insurance Agency on June 9, 2026 for $250M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Trucordia acquires Hecht-Stout Insurance Agency assets in Illinois.
Deal terms & multiples
Frequently asked questions
How much did Trucordia pay for Assets of Hecht-Stout Insurance Agency?
Trucordia acquired Assets of Hecht-Stout Insurance Agency for $250M, announced on June 9, 2026.
When did Trucordia announce the acquisition of Assets of Hecht-Stout Insurance Agency?
Trucordia announced the acquisition of Assets of Hecht-Stout Insurance Agency on June 9, 2026.
What sub-sector is Assets of Hecht-Stout Insurance Agency in?
Assets of Hecht-Stout Insurance Agency is tracked in the Insurtech sub-sector.
Sources
- prnewswire.com /news-releases/trucordia-acquires-assets-of-hecht-stout-insurance-agency-expanding-client-focused-commercial-insurance-capabilities-in-illinois-302794175.html