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Announced

Completed

Fortegra completed the acquisition of a majority stake in Premia Solutions.

Synopsis

Fortegra, a global specialty insurer, completed the acquisition of a majority stake in Premia Solutions, a provider of automotive protection products. Financial terms were not disclosed. "Premia Solutions has established itself over the last 20 years in partnership with many of the largest dealer groups in the U.K. This investment provides Premia with the opportunity to take its next step and continue to grow its business and clients in the U.K. automotive market. Expanding an already strong partnership, adding the financial strength and strong, growing reputation of Fortegra, we will continue to develop industry-leading solutions that enable our clients to meet the needs of their customers in today's evolving marketplace," Conrad Gamble, Premia Founder and CEO.

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