M&A Deal Summary

Hagerty Acquires Classics&Exotics

On August 21, 2017, Hagerty acquired automotive company Classics&Exotics

Acquisition Highlights
  • This is Hagerty’s 1st transaction in the Automotive sector.
  • This is Hagerty’s 1st transaction in the United States.
  • This is Hagerty’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2017-08-21
Target Classics&Exotics
Sector Automotive
Buyer(s) Hagerty
Deal Type Add-on Acquisition

Target

Classics&Exotics

Cape Cod, Massachusetts, United States
Classics&Exotics, Inc. is a peer-to-peer online marketplace for classic cars. Classics&Exotics, Inc. was established in 2014 and is based in Cape Cod, Massachusetts.

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Buyer(S) 1

Buyer

Hagerty

Traverse City, Michigan, United States

Category Company
Founded 1983
Sector Insurance
Employees1,726
Revenue 1.0B USD (2023)
DESCRIPTION

Hagerty is a specialty insurance provider for classic vehicles of all kinds. Hagerty was established in 1983 and is based in Traverse City, Michigan.


DEAL STATS #
Overall 1 of 5
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Massachusetts) 1 of 1
Country (United States) 1 of 5
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 MotorsportReg.com

San Rafael, California, United States

MotorsportReg.com is a membership, licensing and event management system that helps automate tasks, improve accuracy and grow participation. MotorsportReg.com was founded in 2003 and is based in San Rafael, California.

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