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New Deal


Announced

Safehold Special Risk to acquire WSIB Insurance Agency.

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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Majority

Insurance Brokers

Domestic

Pending

compensation boards

Friendly

United States

Private

Acquisition

Single Bidder

Synopsis

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Safehold Special Risk, national program administrator providing access to customized insurance solutions for niche businesses and industries throughout the United States, agreed to acquire WSIB Insurance Agency, an insurance company. Financial terms were not disclosed. “We look forward to welcoming David and the talented professionals from WSIB to the Safehold team. With decades of shared risk management experience in motorsports, our teams bring experienced underwriters, loss control managers, risk managers, and claims professionals who are passionate about delivering custom-tailored risk management solutions for the motorsports industry,” John Paulk III, Safehold Programs Leader.

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