Mystic Capital Advises Nevarez Insurance on its sale to YourPolicy
Overview of Transaction
- YourPolicy, a technology-enabled national insurance brokerage platform, completed the acquisition of Nevarez Insurance Agency (NIA), a well-established El Paso, Texas-based insurer serving personal and commercial lines.
- Founded and led by Victor Nevarez — a lifelong El Paso resident with more than 30 years of experience in risk management and brokerage — NIA brings deep local market relationships and trusted service into the YourPolicy platform.
- The transaction reinforces YourPolicy’s growth strategy of combining innovative technology with community-focused agencies to deliver smarter, faster, and more personalized insurance solutions.
Significance of Transaction
- For NIA, the acquisition provides access to YourPolicy’s broader carrier network, enhanced digital tools, and national resources, enabling the team to serve clients with expanded product choice and improved operational capabilities.
- The combination strengthens YourPolicy’s presence in Texas — a strategically important market — while preserving NIA’s local relationships and commitment to personalized service.
- This transaction reflects broader trends in insurance distribution where boutique agencies align with scalable platforms to better compete, leverage technology, and support long-term growth.
Mystic Capital’s Role
- Mystic Capital served as exclusive financial and strategic advisor to Nevarez Insurance Agency, guiding management through valuation, positioning, buyer engagement, and deal execution.
- This transaction underscores Mystic Capital’s expertise in advising founder-led insurance agencies on transformative strategic partnerships, helping localized, high-trust firms access scale while preserving their service heritage.