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New Deal


Announced

Assurant to acquire iSmash.

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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United Kingdom

Cross Border

Majority

Private

Friendly

Electronic Components and Equipment

repair services

Acquisition

Pending

tech repair

Single Bidder

Synopsis

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Assurant, an insurance company, agreed to acquire iSmash, an independent tech repair brand. Financial terms were not disclosed. “We are excited to join Assurant as it shares our passion for delivering exceptional value and service to clients and customers. Together, we have a unique opportunity to shape the future of the UK mobile industry and create lasting value for customers in need of fast, reliable, convenient, drop-in repair services,” Chris Murton, iSmash CEO.

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