Announced
Completed
Financials
Tags
United States
Auto Parts
Friendly
Acquisition
aftermarket services
automotive products
Private
protection products
Majority
Single Bidder
Completed
Synopsis
Amynta Group, an insurance services company and provider of warranty protection products and services, completed the acquisition of American Auto Guardian, a provider of vehicle protection products and services. Financial terms were not disclosed. "AAGI has built an outstanding company over 20 years, focused on consistently delivering performance to their distribution partners and dealers, with a successful track record of growth and profitability under the leadership of Tim Brugh. AAGI brings new distribution partners, OEM relationships, dealer networks and geographic reach, broadening our presence, particularly in the Midwest. AAGI expands our warranty offerings, providing incremental opportunities to drive growth across our business," Rob Giammarco, Amynta Chairman and CEO.
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