Equal Parts welcomes ProSource Insurance Agency, expanding its transportation insurance expertise for trucking companies, owner-operators, and commercial fleets

AUSTIN, Texas--(BUSINESS WIRE)

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The acquisition expands Equal Parts' transportation insurance capabilities while strengthening its presence in Texas and deepening its expertise serving trucking companies, owner-operators, and commercial fleets.

AUSTIN, Texas - Equal Parts is proud to welcome ProSource Insurance Agency, based in Plano, Texas, to the Equal Parts platform.

Following the successful completion of the acquisition during the first quarter of 2026, we're excited to publicly share how this partnership strengthens our growing transportation insurance practice.

Founded in 2003, ProSource has built an outstanding reputation serving trucking companies, owner-operators, commercial fleets, and transportation businesses throughout Texas and across the country. Under the leadership of President Paul Nhem, the agency has become known for combining deep transportation expertise with long-term client relationships.

The addition further expands Equal Parts' capabilities in one of commercial insurance's most specialized industries while strengthening our growing presence across Texas.

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| Built Around Transportation Businesses

Trucking companies don't simply need insurance policies. They need advisors who understand how their businesses operate.

A long-haul carrier has different exposures than a local delivery fleet. A new venture faces different challenges than an established operator. Businesses hauling refrigerated freight, hazardous materials, or oversized equipment require different solutions than companies transporting general cargo.

ProSource has built its business around understanding those differences.

Its expertise spans:

• Commercial Auto Liability
• Physical Damage
• Motor Truck Cargo
• General Liability
• Non-Trucking Liability
• Trailer Interchange
• Reefer Breakdown
• Occupational Accident
• Fleet Insurance
• DOT and FMCSA Filings

That depth matters because transportation clients need more than access to insurance carriers. They need advisors who understand the realities of their operations and can structure coverage around them.

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| Relationships Built Over Decades

President Paul Nhem has worked in the insurance industry since 1990, beginning his career with State Farm before serving with The Hartford, Fireman's Fund, and CNA Insurance.

He founded ProSource in 2003 with a simple philosophy: create an agency where insurance professionals could build meaningful careers while developing lasting relationships with their clients.

More than two decades later, that philosophy continues to define the agency.

Today, ProSource has become a trusted advisor for trucking companies, owner-operators, commercial fleets, and transportation businesses throughout Texas and across the country.

"Paul has spent decades building an agency around trust, expertise, and long-term relationships," said Mike Meller, Co-Founder and Chief Operating Officer at Equal Parts. "That's exactly the type of business we want to partner with. Our platform allows agencies like ProSource to continue doing what they do best while gaining access to additional technology, operational support, and carrier relationships that help them scale."

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| Why ProSource Fits Equal Parts

Equal Parts is building a platform of exceptional insurance agencies.

Every agency we partner with brings specialized expertise, strong local relationships, and talented leadership. Equal Parts provides the technology, operational infrastructure, carrier access, and shared services that help those agencies continue growing while preserving what made them successful.

For transportation insurance, that means combining:

• Deep trucking expertise
• Expanded carrier relationships
• Modern operating technology
• Centralized servicing and support
• AI-powered workflows
• A nationwide network of insurance specialists

Technology isn't replacing expertise.

It's allowing experts to spend more time applying it.

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| Building a National Transportation Practice

Transportation remains one of the most complex segments of commercial insurance.

Insurance markets continue to evolve. Repair costs continue to rise. Regulatory requirements become more demanding. Clients need advisors who understand those changes and can help them navigate them with confidence.

By partnering with experienced leaders like Paul Nhem, Equal Parts continues building one of the country's strongest transportation insurance platforms.

ProSource will continue serving clients under Paul's leadership while benefiting from shared technology, operational resources, expanded market access, and collaborative expertise available across the Equal Parts platform.

"ProSource represents exactly what we're looking for in a partner: exceptional leadership, deep specialization, and an unwavering commitment to clients," said Mike Witte, Co-Founder and Chief Executive Officer at Equal Parts. "Our role is to provide the platform that allows great agencies to grow faster while preserving the relationships and culture that made them successful."

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| The Road Ahead

With ProSource joining the Equal Parts platform, we're continuing to build a national network of specialized insurance agencies connected through shared technology, centralized operations, and exceptional local leadership.

Transportation insurance is one example of our long-term strategy: partner with outstanding agencies that have earned the trust of their clients, then provide the operating platform that helps those agencies grow even faster.

We're proud to welcome Paul and the entire ProSource team to Equal Parts.

We're excited for what's ahead.