Announced
Completed
Financials
Tags
United States
Acquisition
Private
Completed
Friendly
Single Bidder
pet insurance
Life Insurance
Domestic
Majority
Synopsis
Independence Pet, a multi-brand, multi-channel pet insurance provider, completed the acquisition of Pets Best Insurance Services, a pet insurance provider, from Synchrony, a consumer financial services company, for $750m. "Pet parents deserve access to the greatest range of pet insurance products, tailored to the personal needs of their pets. The unique combination of IPH's broad portfolio of brands with Synchrony's industry-leading digital capabilities will allow us to enhance our offerings for pet parents. We are thrilled to welcome the Pets Best team to the IPH family and look forward to working closely together to diversify its offering and accelerate the brand's growth," Dirk Beeckman, IPH Chairman.
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