Align Financial to acquire Deposit Choice.

Align Financial Holdings, a leading general agency and specialist program underwriting manager based in San Diego, agreed to acquire Deposit Choice, a national provider of surety bonds and insurance products to the multifamily industry. Financial terms were not disclosed. The acquisition of Deposit Choice and its innovative line of surety and insurance products fits well with Align’s strategy of providing an increasingly diversified portfolio of specialty property and casualty products to the insurance marketplace. “Align’s underwriting-focused culture, emphasis on the effective use of technology and efficient process, and relationship-centric approach will be highly additive to Deposit Choice in its next phase of growth. We are excited to be working with our new partners at Align,” Timothy Fortner, Deposit Choice Co-Founder.