Professionals Direct - Ownership and Business Overview

InsuranceCompany

Professionals Direct Ownership

Who owns Professionals Direct?

Professionals Direct is owned by The Hanover Insurance Group. It was acquired on September 12, 2007.

Professionals Direct Business Overview

Where is Professionals Direct headquartered?

Professionals Direct is headquartered in Grand Rapids, Michigan.

How many employees does Professionals Direct have?

Professionals Direct has 41 employees.

What sector is Professionals Direct in?

Professionals Direct is an insurance company.

When was Professionals Direct founded?

Professionals Direct was founded in 1987.

Insurance M&A Summary in 2007

Out of 60 sectors in the Mergr database, insurance ranked 12 in number of deals in 2007. The largest insurance acquisition in 2007 was Acromas Holdings - which was acquired by HarbourVest Partners for $9.5B.

Join Mergr to view all 165 acquisitions of insurance companies in 2007, including 33 acquisitions by private equity firms, and 132 by strategics.

Acquired by The Hanover Insurance Group, Inc. (Company) on 2007-09-12

Professionals Direct, Inc.

5211 Cascade Road South East,
Grand Rapids, Michigan 49546
United States,
(616) 456-8899
www.professionalsdirect.com

Professionals Direct, Inc., a premier provider of professional liability insurance for small and mid-sized law practices. Professionals Direct provides lawyers professionals liability insurance in more in 36 states through its various programs and through various independent producers.

Company Summary

SECTOR

Employees

41

Established

1987

Investor History
2007-09-12
Add-on Acquisition

23M USD

Hanover Insurance Group

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