Announced

Forza Insurance to acquire Interboro Insurance from American Coastal Insurance.

Synopsis

Forza Insurance, an insurance services provider, agreed to acquire Interboro Insurance, a homeowners insurance services provider, from American Coastal Insurance, an insurance holding company. Financial terms were not disclosed. “Interboro is a strong strategic fit for Forza and SageSure. We are incredibly pleased that we have found the right purchaser and program administrator to continue Interboro’s 100+ year journey. Peter N. Resnick, President of Interboro, and his talented team will complement the teams from Forza and SageSure and will be able to take Interboro to new heights,” Brad Martz, American Coastal President.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US