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  6. DriverShield Acquires Presidion Solutions

M&A Deal Summary

DriverShield Acquires Presidion Solutions

On January 23, 2003, DriverShield acquired insurance company Presidion Solutions

Acquisition Highlights
  • This is DriverShield’s 1st transaction in the Insurance sector.
  • This is DriverShield’s 1st transaction in the United States.
  • This is DriverShield’s 1st transaction in Florida.

M&A Deal Summary
Date 2003-01-23
Target Presidion Solutions
Sector Insurance
Buyer(s) DriverShield
Deal Type Add-on Acquisition

Target

Presidion Solutions

Doral,, Florida, United States
Presidion Solutions Inc., a Professional Employer Organization (PEO),provides more than 3,500 clients, 50,000 worksite employees.

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Buyer(S) 1

Buyer

DriverShield

Coral Springs, Florida, United States
Category Company
Founded 1985
Sector Insurance
DESCRIPTION

DriverShield Corp, provides nationwide Internet-based collision repair and claims management services for auto insurance companies and offers automotive discounts and services programs.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2003 M&A 1 of 1
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