Add-on·Financial/Insurance Brokerage·July 29, 2026
TPG-backed Third Wave adds Massad Olinde and four Gulf Coast firms
The acquisitions expand Third Wave's footprint into the Gulf Coast region, adding employee benefits, commercial P&C, retirement, and wealth advisory services across Louisiana, Mississippi, and Florida.
Takeaways
- Massad Olinde, Acuity Group, AWS, Spielmann & Associates, and Alexander Financial Group is a employee benefits, commercial P&C, retirement, wealth advisory, and self-funded heal...
- Third Wave Insurance is acquiring Massad Olinde, Acuity Group, AWS, Spielmann & Associates, and Alexander Financial Group with backing from TPG.
- The target serves middle-market across Gulf Coast region.
BuyerThird Wave Insurance
TargetMassad Olinde, Acuity Group, AWS, Spielmann & Associates, and Alexander Financial Group
SponsorTPG
TypeAdd-on
GeographyGulf Coast region
IndustryFinancial
Sub-sectorInsurance Brokerage
Third Wave Insurance, a retail insurance brokerage platform backed by TPG, acquired five insurance and advisory businesses: Massad Olinde, Acuity Group, AWS, Spielmann & Associates, and Alexander Financial Group.
The acquisitions expand Third Wave's footprint into the Gulf Coast region, adding employee benefits, commercial P&C, retirement, and wealth advisory services across Louisiana, Mississippi, and Florida.
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