Announced
Financials
Tags
Acquisition
Pending
Single Bidder
Real Estate Services
home warranties
Private
Friendly
United States
Private Equity
Synopsis
Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, acquired 2-10 Home Buyers Warranty, a provider of home warranty products to homeowners and new home builders. Financial terms were not disclosed. Ryan Clark, President and Managing Director at Genstar said, "2-10 HBW has built a great competitive position in its core markets and we are very excited to invest in growing this business whose products are highly valued in the marketplace by builders, consumers, real estate professionals and contractors. We are excited to enable the management team with growth capital to invest in new marketing channels and explore strategic acquisitions that will broaden the company's distribution footprint."
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