Iscential
Dowling Hales acted as exclusive financial advisor to Iscential Inc. and its affiliates in its sale to Higginbotham Insurance Agency, Inc. Headquartered in Houston, Texas, Iscential is an independent insurance agency, risk management and financial services firm. Founded in 1993, the Company has a unique value proposition delivering Fortune 1000 risk management solutions to small and mid-size businesses, as well as serving highly successful families and individuals personal risk management and insurance needs. Led by founder and current CEO Warren Barhorst, the Company with its partner has grown to encompass over 200 associates and is licensed in over 40 states. In addition, Iscential was the largest Exclusive Agent writer of Nationwide property & casualty insurance in the country before it became an independent agency in 2015. The transaction also included the sale of Barhorst Insurance Group LTD, Botson Insurance Group Inc., Community Insurance Group Ltd, Marshall Young Insurance Agency LLC and Renovo Partners LLC.
Target Company
Iscential
Acquirer Company
Higginbotham Investment Holdings, LLC.
Acquisition Date
May 2023
Sector
Insurance
Industry
Retail
Region
USA
State of Acquired
TX
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