.
MergerLinks Header Logo

New Deal


Announced

Davis Group to acquire Alternative Service Concepts.

Financials

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

Tags

Edit

insurance brokerage services

Acquisition

Friendly

United States

insurance

Insurance Brokers

Private

Majority

Single Bidder

Pending

workers compensation

Private Equity

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US