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Equal Parts Bolsters Transportation Insurance Footprint with ProSource Acquisition

By Lauren Towner · 21 September 2026

In brief: Equal Parts has acquired ProSource Insurance Agency, a Texas-based specialist in transportation insurance, to scale its platform for independent agencies using modern technology and centralized operations.

Key facts
Acquisition TargetProSource Insurance Agency
Completion DateQ1 2026
SpecializationTransportation and Trucking Insurance
LocationPlano, Texas
Press Release: Equal Parts Bolsters Transportation Insurance Footprint with ProSource Acquisition | Featured Image by FF News

Equal Parts, the insurance platform redefining how independent agencies grow and scale, today announced the acquisition of ProSource Insurance Agency, a Plano, Texas-based brokerage specializing in transportation insurance.

Completed during the first quarter of 2026, the acquisition strengthens Equal Parts’ transportation insurance capabilities and expands its presence in one of the nation’s largest freight markets.

Founded in 2003 by President Paul Nhem, ProSource serves trucking companies, owner-operators, commercial fleets, and transportation businesses throughout Texas and across the United States. Nhem began his insurance career in 1990 and held roles with State Farm, The Hartford, Fireman’s Fund, and CNA Insurance before founding ProSource.

“Transportation requires specialized expertise earned through years of serving the industry,” said Mike Witte, Co-Founder and Chief Executive Officer of Equal Parts. “Paul and the ProSource team have built an exceptional agency around that principle. We’re excited to provide the technology, operational support, market access, and capital to help them continue growing while remaining focused on their clients.”

As part of Equal Parts, ProSource will continue operating under Nhem’s leadership while gaining access to proprietary technology, centralized operations, expanded carrier relationships, shared services, and acquisition resources.

“What Paul has built reflects exactly what we look for in a partner,” said Mike Meller, Co-Founder and Chief Operating Officer of Equal Parts. “His team combines deep technical expertise with a commitment to client relationships. Our platform is designed to help great operators spend more time serving customers and growing their businesses, and less time managing operational complexity.”

Equal Parts partners with founder-led agencies while preserving their leadership, local relationships, brands, and specialized expertise. The addition of ProSource expands the company’s growing network of specialized independent insurance agencies.

Frequently asked questions

What does the Equal Parts acquisition of ProSource mean for the trucking industry?

The Equal Parts acquisition of ProSource Insurance Agency brings modern operating technology to the specialized transportation insurance sector. Trucking companies and commercial fleets will benefit from ProSource’s deep expertise combined with Equal Parts’ expanded carrier relationships and centralized digital operations, leading to more efficient risk management.

Will ProSource Insurance Agency change its name after the acquisition?

No, Equal Parts focuses on preserving the brands and local relationships of the agencies it partners with. ProSource will continue operating under the leadership of President Paul Nhem while gaining access to the Equal Parts proprietary technology platform and capital resources for long-term growth.

How does Equal Parts support independent insurance agencies?

Equal Parts provides a comprehensive operating platform for independent agencies that includes centralized operations, proprietary technology, and acquisition capital. This allows agency leaders to reduce time spent on operational complexity and focus on client service and business scaling.

About the companies

Equal Parts

1 story on FF News since 2026

Insource Insurance Agency

Website · 1 story on FF News since 2026

Companies in this story: Equal Parts, Insource Insurance Agency

People in this story: Mike Meller, Mike Witte, Paul Nhem

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