Divestiture • Insurance

ICDC Acquires NationsBuilders Insurance Co.

On August 7, 2020, ICDC acquired insurance company NationsBuilders Insurance Co. from NBIS

Acquisition Context
  • This is ICDC’s 1st transaction in the Insurance sector.
  • This is ICDC’s 1st transaction in the United States.
  • This is ICDC’s 1st transaction in District of Columbia.

Explore All 796 Divestiture Insurance Deals - Search the Database Free


M&A Deal Summary

Date August 7, 2020
Target NationsBuilders Insurance Co.
Sector Insurance
Buyer(s) ICDC
Sellers(s) NBIS
Deal Type Divestiture

Target Company

NationsBuilders Insurance Co.

Washington, District of Columbia, United States
NationsBuilders Insurance Co. is a provider of insurance services based in Washington, D.C.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

ICDC

Bermuda

Category Company
Sector Insurance
DESCRIPTION

ICDC is a captive insurer that provides workers compensation, commercial general liability, business auto liability, business auto physical damage, and property risks services.


Deal Context for Buyer #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
State: District of Columbia 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER

NBIS

Atlanta, Georgia, United States

Category Company
Founded 2001
Sector Insurance
DESCRIPTION

NBIS is the premier provider of insurance & risk management solutions for crane, rigging, specialized transportation, concrete pumping, and equipment dealer/rental operations in the United States. Risk Solutions include contract management review, complimentary online driver training courses, complimentary access to over 150+ online & industry-specific training classes, safety & regulatory manuals, and guides ready to implement as well as partner discounts for Dash Cameras, Telematics and much more. NBIS was established in 2001 and is based in Atlanta, Georgia.


Deal Context for Seller #
Overall 2 of 2
Sector: Insurance 2 of 2
Type: Divestiture 2 of 2
State: District of Columbia 1 of 1
Country: United States 2 of 2
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 ATX Premier Insurance Co.

Atlanta, Georgia, United States

ATX Premier Insurance Co. is a provider of insurance and risk management solutions.

Sell -