mergers and acquisitions News

Copart, Inc. Acquires Berpa Auto Auction

Copart, Inc., a leading online salvage vehicle auction company, acquired Berpa Auto Auction, Inc., a privately held automotive auction located in Montreal, Quebec, Canada. “This is an important acquisition for Copart,” said A. Jayson Adair, Copart’s CEO. “It provides us …

Travelers Completes Acquisition of The Dominion

The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as Travelers Canada, will remain headquartered in Toronto. “The …

Caliber Collision Expands In Houston Market

Caliber Collision Centers announced that it has acquired four Hanley Brothers Auto Specialists locations in the greater Houston market. Caliber’s four shop acquisition represents more than 100,000 square feet of collision repair facilities. “Caliber’s acquisition of Hanley Brothers Auto Specialists …

Caliber Collision Acquires Golden State Collision Centers

Caliber Collision Centers, a repair facilities operator, announced the acquisition of Golden State Collision Repair Centers. Golden State Collision Repair Centers has 12 locations in and around the Sacramento, Calif., market. “Our acquisition of Golden State Collision Repair Centers marks …

VeriClaim, Inc. Announces the Acquisition of McMartin Wasek & Associates, Inc.

T&H Global Holdings, LLC (T&H), a provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities, announced that its Naperville, Ill.-based VeriClaim, Inc. (VeriClaim) subsidiary has acquired McMartin Wasek & Associates, Inc. (MWA), a provider …

Insurance M&A Drops to Four-Year Low, Clyde & Co. Report Shows

Global merger and acquisition activity among insurers dropped 29 percent in the year through June as falling pricing and lower investment returns tempered demand, according to law firm Clyde & Co. Some 362 transactions were completed from July 2012 to …

American Family Insurance Acquires Direct Property Insurer, Homesite Group, Inc.

Madison, Wis.-based American Family Insurance announced an agreement to acquire direct homeowners insurer, Homesite Group, Inc. The acquisition of Homesite, based in Boston and a leading direct writer of homeowners, renters and condominium insurance, will be finalized by the end …

VeriClaim Acquires Property Claims Services

T&H Global Holdings, LLC (T&H), a specialized provider of insurance claims services to insurance carriers, insurance brokers, corporations and public entities, announced that its VeriClaim, Inc. (VeriClaim) subsidiary has acquired Property Claims Services, Inc. (PCS), a provider of loss adjusting …

Canada-Based Horizon Adjusters Agrees to Join Crawford & Company

Atlanta-based Crawford & Company, a global independent claims management provider, announced that the management and adjusting team of Horizon Adjusters Ltd., based in Grande Prairie, Alberta, has agreed to join Crawford’s Canadian operations effective August 1st. Horizon’s president, Bea Boutcher, …

Travelers to Buy Canadian Insurer for About $1.1B

Property/casualty insurer The Travelers Cos. says it will spend about $1.1 billion in cash to buy The Dominion of Canada General Insurance Co. and strengthen its reach north of the U.S. border. The New York-based insurer says The Dominion’s distribution …