Wednesday, January 16, 2008

New Venture Targets Hispanic Market

SAN FRANCISCO, Jan 15, 2008 /PRNewswire via COMTEX/ -- Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of the life sciences and healthcare services, industrial technology, business services and software services, today announced that it has partnered with experienced insurance industry executives and Westline Corporation to establish Confie Seguros, a platform company to consolidate insurance brokerages primarily focused on the Hispanic consumer. Concurrent with the formation of this new entity, Confie Seguros announced that it has completed its first investment in Westline, an insurance brokerage firm serving California.

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