M&A Deal Summary

AmTrust Financial Acquires Heritage Mechanical Breakdown

On September 25, 2015, AmTrust Financial acquired consumer services company Heritage Mechanical Breakdown

Acquisition Highlights
  • This is AmTrust Financial’s 1st transaction in the Consumer Services sector.
  • This is AmTrust Financial’s 19th transaction in the United States.
  • This is AmTrust Financial’s 3rd transaction in Colorado.

M&A Deal Summary
Date 2015-09-25
Target Heritage Mechanical Breakdown
Sector Consumer Services
Buyer(s) AmTrust Financial
Deal Type Add-on Acquisition

Target

Heritage Mechanical Breakdown

Lakewood, Colorado, United States
Heritage Mechanical Breakdown Corp. is a provider of an issues vehicle service contracts for new and used automobiles.

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Buyer(S) 1

Buyer

AmTrust Financial

New York, New York, United States
Category Company
Founded 1998
Sector Insurance
Employees5,100
Revenue 4.7B USD (2015)
DESCRIPTION
AmTrust Financial office in downtown Cleveland, Ohio.
AmTrust Financial office in downtown Cleveland, Ohio.

AmTrust Financial is a provider of property and casualty insurance to small businesses. AmTrust insurance products include multiline small business, warranty and specialty risk, specialty program business insurance services. AmTrust Financial was formed in 1998 and is based in New York City.

DEAL STATS #
Overall 23 of 32
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 15 of 20
State (Colorado) 3 of 3
Country (United States) 19 of 26
Year (2015) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-25 Heritage Indemnity

Lakewood, Colorado, United States

Heritage Indemnity Co. is a provider of property and casualty insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-27 Republic Companies

Dallas, Texas, United States

Republic Companies, Inc. is an insurance company providing personal and commercial property and casualty insurance products to individuals and small to medium business primarily in Texas.

Buy $233M
Mergr

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