Announced
Financials
Tags
United States
Private
Private Equity
Domestic
insurance services
Pending
Friendly
Minority
Acquisition
Full Line Insurance
Synopsis
Trive Capital, a private equity firm, agreed to invest in Allcat Claims Service, a provider of property and auto claims adjustment services intended for the insurance industry. Valedor Partners, a private investment firm, will be partnering alongside Trive Capital and Allcat in the transaction. Financial terms were not disclosed. “Allcat has built a strong reputation in the insurance industry for providing high quality claims adjusting services. We are excited to partner with Allcat and look forward to providing capital and resources to further enable the company’s growth," Blake Bonner, Trive Capital Partner.
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