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New Deal


Announced

Completed

Integrated Specialty Coverages completed the acquisition of California Contractors Insurance Services.

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 Brokers

Majority

United States

Single Bidder

Domestic

Private

Friendly

insurance services

Acquisition

Completed

Synopsis

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Integrated Specialty Coverages, an insurance services provider, completed the acquisition of California Contractors Insurance Services, an insurance brokerage firm. Financial terms were not disclosed. "We are thrilled to have CCIS join the ISC family as we expand into new markets such as general liability and contract surety services. We look forward to harnessing the deep underwriting expertise of CCIS and their robust suite of offerings to deliver faster and more cost-effective insurance programs for our diverse clientele," Matt Grossberg, Integrated Specialty Coverages CEO.

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