M&A Deal Summary

Assurant Acquires Fixt

On August 17, 2020, Assurant acquired consumer services company Fixt

Acquisition Highlights
  • This is Assurant’s 1st transaction in the Consumer Services sector.
  • This is Assurant’s 12th transaction in the United States.
  • This is Assurant’s 1st transaction in Maryland.

M&A Deal Summary
Date 2020-08-17
Target Fixt
Sector Consumer Services
Buyer(s) Assurant
Deal Type Add-on Acquisition

Target

Fixt

Baltimore, Maryland, United States
website
Asurvest, Inc. is a provider of on-demand mobile device support and repair. Asurvest is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Assurant

New York, New York, United States

website

Category Company
Founded 1892
Sector Insurance
Employees13,700
Revenue 10.2B USD (2022)
DESCRIPTION
Assurant office complex in Doral, Florida.
Assurant office complex in Doral, Florida.

Assurant is a provider of specialty insurance products in the U.S. and select worldwide markets. The company operates its business through four business segments: Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property. Assurant was incorporated in 1969 and is based in New York City.

DEAL STATS #
Overall 14 of 17
Sector (Consumer Services) 1 of 2
Type (Add-on Acquisition) 8 of 11
State (Maryland) 1 of 1
Country (United States) 12 of 14
Year (2020) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-05 American Financial & Automotive Service

The Woodlands, Texas, United States

American Financial & Automotive Service, Inc. is a provider of auto finance and insurance products and services, including vehicle service contracts, guaranteed asset protection insurance, and other ancillary products sold directly through a network of nearly 600 franchised dealership clients across 40 states. American Financial & Automotive Service is based in The Woodlands, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 HYLA Mobile

Irving, Texas, United States

HYLA Mobile is a provider of products and services that capture, extend, and optimize the life and value of used mobile phones. HYLA has worked to develop technology and solutions that extend the lifecycle of mobile devices to build economic opportunity and enable information access for new users while helping to protect our planet. HYLA Mobile was founded in 2009 and is based in Irving, Texas.

Buy -
Mergr

Product

Company

Legal