Foley & Lardner LLP represented Goosehead Insurance, Inc. (Goosehead), a rapidly growing, independent personal lines insurance agency, in its execution of an agreement to purchase Vivint Smart Home's (Vivint) insurance book of more than 15,000 policies for $5.5 million.
The purchase allows Goosehead to accelerate growth while providing significant benefits to existing Vivint insurance clients. Through Goosehead's extensive product portfolio, distribution, technology, and exceptional service, the company is well-positioned to deliver a seamless transition for existing Vivint clients to ensure they have the right coverage.
Goosehead is a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services throughout the United States. Goosehead currently represents over 150 insurance companies that underwrite personal and commercial lines.
The Foley deal team was led by Tom Fritsch, Nate Christensen, JillAllison Opell, and Justin Cajero.