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New Deal


Announced

Benchmark to acquire 7710 Insurance.

Financials

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

Tags

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insurance carrier

Single Bidder

Private

Full Line Insurance

Pending

Friendly

United States

Acquisition

Majority

Synopsis

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Benchmark, a holding company, agreed to acquire 7710 Insurance, a South Carolina domiciled insurance carrier. Financial terms were not disclosed. “We believe that being part of Trean uniquely positions 7710 to be the nationwide “go to” workers’ compensation insurance partner for the emergency services industry. We are excited by the opportunity for our clients and colleagues that this transaction represents,” Bill Adamson, 7710 Insurance CEO.

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