Announced
Financials
Tags
insurance brokerage services
Acquisition
Friendly
United States
insurance
Insurance Brokers
Private
Majority
Single Bidder
Pending
workers compensation
Private Equity
Synopsis
Davis Group, a provider of innovative media planning and placement services is set to acquire Alternative Service Concepts (ASC), an insurance brokerage firm. Financial terms were not disclosed. ASC provides specialist end-to-end claims solutions to US & Lloyds insurance businesses, public entities, self-insured entities, insurance agencies and brokers. “I am delighted ASC will be joining Davies and excited about their ambitious growth plans in North America. I look forward to working with the wider Davies team to offer our solutions in this new geographic reach to our clients.” Glenn Backus, ASC President.
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