Midcap Advisors client project Gulf joins World Insurance Associates

World Insurance Associates, LLC (“World”) has acquired Project Gulf.

The strategic transaction brings together The Firm of Louisiana Property & Casualty, LLC, Creekside Risk Management, The Firm of Cenla, Insure Plus, and McFatter Insurance Agency, all recognized for their deep industry expertise and commitment to delivering tailored insurance solutions.

NEW YORK, March 2025 – World Insurance Associates, LLC (“World”) has acquired Project Gulf, a coalition of five well-established insurance agencies, expanding its presence across Louisiana and Texas. The strategic transaction brings together The Firm of Louisiana Property & Casualty, LLC, Creekside Risk Management, The Firm of Cenla, Insure Plus, and McFatter Insurance Agency, all recognized for their deep industry expertise and commitment to delivering tailored insurance solutions.

With decades of combined experience, the agencies within Project Gulf have earned strong reputations for providing personal, commercial, and specialty insurance products that meet theunique needs of individuals, families, and businesses in their communities. By joining World, these firms gain access to expanded carrier relationships, enhanced service capabilities, and operational resources - enabling them to continue delivering customized coverage solutions while benefiting from the scale of a national insurance platform

MidCap Advisors LLC (“MidCap”) served as the exclusive financial advisor to Project Gulf, leading the firms through a structured transaction process to evaluate strategic opportunities and maximize shareholder value.

World Insurance Associates announced the acquisition on November 13, 2024. The full press release can be accessed at: World Insurance Associates Press Release.

• The Firm of Louisiana Property & Casualty, LLC
• Insure Plus
• McFatter Insurance Agency
• The Firm of Cenla
• Creekside Risk Management

About World Insurance Associates, LLC

World Insurance Associates is a leading insurance brokerage firm offering a full suite of risk management and insurance solutions for individuals and businesses. With a rapidly growing national footprint, World partners with premier insurance carriers to provide comprehensive, industry-specific coverage tailored to clients' needs.

About MidCap Advisors, LLC

MidCap Advisors is a New York-based M&A advisory firm providing sophisticated financial advice and M&A transaction services to private companies. MidCap has become a recognized leader in insurance M&A and other sectors including healthcare, manufacturing, and technology services. MidCap helps business owners navigate complex transactions, optimize value, and achieve strategic goals.

For more information about MidCap’s insurance M&A expertise, visit: www.midcapadvisors.com

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