June 3, 2013
Caliber Collision Centers, an operator of collision repair facilities, announced the acquisition of three Hank’s Auto Body locations in the greater Denver market. Caliber’s three shop acquisition represents 80,000 square feet of collision repair facilities at 7880 Washington Street, 5022 …
June 3, 2013
Copart announced that it has acquired Salvage Parent, Inc., which conducts business primarily as Quad City Salvage Auction, Crashed Toys, and Desert View Auto Auction. Combined, these businesses operate at thirty-nine locations in 14 states. Quad City Salvage Auction operates …
June 3, 2013
Southport Lane, a New York City-based private equity firm, announced completion of its acquisition of Louisiana-based Imperial Management Corporation along with its largest subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Additional terms of the transaction were not disclosed. …
May 20, 2013
Caliber Collision Centers, an operator of collision repair facilities throughout the southwest, announced it has acquired European Auto Body of Escondido, Calif. “Caliber’s acquisition of European Auto Body of Escondido increases the number of San Diego locations to 13 as …
May 3, 2013
ACE Limited announced that it has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by the seller. With more than 50 …
April 23, 2013
The insurer AmTrust Financial Services Inc. said Monday that it has completed its acquisition of Sequoia Insurance Co. for about $60 million. AmTrust said Sequoia provides low hazard property and casualty insurance, including workers’ compensation and commercial package insurance to …
April 22, 2013
Aquiline Capital Partners, a New York-based private equity firm focused on financial services, announced that it has completed its acquisition of leading specialist motor insurer Equity Insurance Group, comprised of motor insurer Equity Red Star and managing agency Equity Syndicate …
April 2, 2013
United Heritage Financial Group, Inc., based in Meridian, Idaho, and Merced Property & Casualty Company, headquartered in Atwater, Calif., announced that United Heritage Insurance has acquired over 94 percent of Merced’s stock issued today pursuant to a sponsored demutualization. ”United …
April 2, 2013
ACE Limited has completed the acquisition of Fianzas Monterrey in Mexico from New York Life Insurance Company for approximately $293 million in cash. Mexico City-based Fianzas Monterrey is the nation’s second-largest surety lines writer and the third-largest in Latin America, …
March 13, 2013
Southport Lane, a New York-based private equity firm, completed its previously announced acquisition of Dallas National Insurance Company, a Texas-based property and casualty insurer specializing in general liability and workers’ compensation. Under the terms of the transaction, Southport Lane will …