Acquisition will provide usage-based insurance offering to USAA members. USAA announced that it plans to acquire insurtech company Noblr, Inc. to offer usage-based insurance (UBI) to its members. The acquisition complements USAA’s behavior-based insurance (BBI) program, SafePilot, that grew 200% in 2020. Nearly half of new policyholders in the states where SafePilot is available opt […]
Crash Champions Acquires Six Collision Repair Centers in Kansas
Crash Champions, LLC announced the acquisition of All Angles Collision Repair. Consisting of four repair centers in Wichita, Kan., one in Topeka and one in Newton. “As we continue to evaluate new opportunities to better serve our customers and insurance partners in the Midwest, All Angles stood out as being a fit with both our […]
Safelite Group Acquires Auto Glass Company in California
Safelite Group announced an agreement to acquire the assets of Breaker Glass Co. in Placerville, Calif. The transaction was completed on Friday, June 4. “We’re pleased to welcome Breaker Glass associates to the Safelite family,” said Tom Feeney, president and CEO of Safelite Group. “Over the last 40 years they have built strong community involvement […]
Sedgwick Acquires Two Automotive Claims Appraisal Companies
Sedgwick announced that it has acquired regional automotive appraisal companies Automotive Damage Appraisers of the Southwest (ADASW) and Metro Appraisal. These acquisitions expand the reach and scale of Sedgwick’s growing auto claims division in the U.S. “We are excited to announce these strategic acquisitions and expand our solutions and footprint in the auto appraisal space,” […]
Lift Auto Group Acquires CSN BC Collisions in British Columbia
CSN Collision Centres announced that the Lift Auto Group has acquired CSN BC Collisions a 10,000 sq, ft. collision repair center Burnaby, British Columbia, Canada. CSN BC Collisions has been in the CSN network since 2014 and is the most recent acquisition completed by Lift. The Lift Auto Group currently has 15 locations in BC, […]
Solera Completes Omnitracs, DealerSocket and eDriving Acquisitions
Solera Holdings, Inc. announced that it has completed its previously announced acquisitions of Omnitracs, DealerSocket and eDriving. Omnitracs is a fleet management platform, DealerSocket is a SaaS provider to the automotive industry and eDriving is the digital driver risk management partner for many of the world’s largest commercial fleets. Solera’s expansion through these transactions is […]
Solera Acquires eDriving
Solera Holdings, Inc. announced that it has acquired eDriving, the digital driver risk management partner for many of the world’s largest commercial fleets. This acquisition expands Solera’s position serving all constituents engaged in vehicle lifecycle management. eDriving identifies and remediates risky commercial driver behavior. The company’s flagship product, Mentor by eDriving, provides a unique smart-phone-based […]
Progressive Completes Acquisition of Commercial Insurer Protective Insurance
The Progressive Corporation (NYSE:PGR) announced that it has successfully completed the acquisition of Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB). Under the terms of the merger agreement, holders of Class A and Class B common shares of Protective will receive $23.30 per share in cash, without interest, for a total transaction value of approximately $338 […]
Allstate Acquires SafeAuto
Will leverage its National General platform to grow personal property-liability business. The Allstate Corporation (NYSE: ALL) announced it has agreed to acquire SafeAuto, a non-standard auto insurance carrier focused on providing state-minimum private-passenger auto insurance with coverage options in 28 states. Total consideration includes a $270 million cash purchase price plus approximately $30 million in […]
LKQ Acquires Hybrid Battery Reconditioner Green Bean Battery
LKQ Corporation (NASDAQ: LKQ) today announced that it has acquired the business and assets of Green Bean Battery, LLC. Founded in 2016, Green Bean is a hybrid battery reconditioner and installer, which has developed a proprietary hybrid battery reconditioning process that creates a more reliable battery while simultaneously extending its useful life. Green Bean acquires […]
- « Previous Page
- 1
- …
- 57
- 58
- 59
- 60
- 61
- …
- 122
- Next Page »