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New Deal


Announced

Pacific Century Group to acquire AmTrust Mobile Solutions from AmTrust Financial Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private

Singapore

Pending

Friendly

Single Bidder

extended warranties

protection plans

Private Equity

Majority

Cross Border

Insurance Brokers

Synopsis

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Pacific Century Group, an Asia-based private investment group, agreed to acquire AmTrust Mobile Solutions, a Singapore-based third-party administrator of protection plans and extended warranties for mobile phones in Malaysia, Indonesia, India and the Philippines, from AmTrust Financial Services, a New York City-based multinational property and casualty insurance company. Financial terms were not disclosed.

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