Divestiture • Insurance

IDP Holdings Acquires National Specialty Hospitality Business

On November 5, 2012, IDP Holdings acquired insurance company National Specialty Hospitality Business from National Specialty Underwriters

Acquisition Context
  • This is IDP Holdings’ 1st transaction in the Insurance sector.
  • This is IDP Holdings’ 1st transaction in the United States.

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M&A Deal Summary

Date November 5, 2012
Target National Specialty Hospitality Business
Sector Insurance
Buyer(s) IDP Holdings
Sellers(s) National Specialty Underwriters
Deal Type Divestiture

Target Company

National Specialty Hospitality Business

United States
National Specialty Hospitality Business, comprises insurance brokerage services for the hospitality sector.
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Buyer Overview 1

Buyer

IDP Holdings

United States

Category Company
Sector Insurance
DESCRIPTION

IDP Holdings LLC , focuses on the Managing General Underwriter and Program Manager segments of the commercial insurance distribution business.


Deal Context for Buyer #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2012 1 of 1

Seller Profile 1

SELLER

National Specialty Underwriters

Bellevue, Washington, United States

Category Company
Founded 1995
Sector Insurance
DESCRIPTION

National Specialty Underwriters provides brokers with a powerful combination of hospitality-specific coverage, risk management and claims administration through Certus.


Deal Context for Seller #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2012 1 of 1

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