International Business Exchange (IBEX) successfully brokered the sale of the business First National Life & Health in Fort Worth, TX on February 1st, 2010 to a private individual. IBEX acted as the merger and acquisition advisor to the deal, helping the business owner list, market, wade through buyers, due diligence and a close the deal. First National Life & Health is licensed as a Texas General Lines Insurance Agency, which allows it to offer a full line of insurance products. The Company has developed a very strong niche in life (burial) and health policies which are sold by independent agents around the state of Texas. The Company provides leads to its agents, primarily through telemarketing and referrals. The business is approximately two-thirds life insurance and one-third health insurance. The Company receives over half of its revenues from customers who have been with the Company for over one year (renewals) which are paid by about 25 different insurance carriers.