M&A Deal Summary

Hagerty Acquires Greenwich Concours d’Elegance

On September 10, 2019, Hagerty acquired media company Greenwich Concours d’Elegance

Acquisition Highlights
  • This is Hagerty’s 1st transaction in the Media sector.
  • This is Hagerty’s 3rd transaction in the United States.
  • This is Hagerty’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2019-09-10
Target Greenwich Concours d’Elegance
Sector Media
Buyer(s) Hagerty
Deal Type Add-on Acquisition

Target

Greenwich Concours d’Elegance

Greenwich, Connecticut, United States
Greenwich Concours d’Elegance has a major presence at the nation's largest Concours events in Pebble Beach, California, and Amelia Island, Florida, as well as the annual auto auction week in Scottsdale, Arizona. Hagerty's Festival of the Unexceptional, a light-hearted Concours-style event celebrating cars that were the workhorses of their day, is an annual highlight of the summer car season in the United Kingdom.

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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 3 of 5
Sector (Media) 1 of 2
Type (Add-on Acquisition) 3 of 4
State (Connecticut) 1 of 1
Country (United States) 3 of 5
Year (2019) 2 of 2
PREVIOUS 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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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 Amelia Island Concours d Elegance

Jacksonville, Florida, United States

Amelia Island Concours d'Elegance is an operator of automotive events that draws more than 300 rare vehicles from collections around the world to The Golf Club of Amelia Island, The Ritz-Carlton, Amelia Island for a celebration of the automobile. Amelia Island Concours d'Elegance was founded in 1996 and is based in Jacksonville, Florida.

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