Announced
Synopsis
NSM Insurance, a specialty insurance provider, agreed to acquire Acquis, a provider of specialist insurance programs for leased equipment. Financial terms were not disclosed. "This investment from NSM Insurance Group marks a significant opportunity for Acquis to meet the increased demand we are witnessing for our products, and to continue to develop our market-leading insurance solutions for the asset finance market. NSM is a perfect fit for Acquis, they understand our market and are as ambitious about our growth potential as we are. This deal will enable the continued development of our people, processes and systems and will allow us to galvanize our growth plans. NSM's confidence in Acquis is testament to the hard work and dedication of our team in building the company we are today," Nick Leader, Acquis CEO.
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