M&A Deal Summary

National Partners Acquires Security Premium Finance

On August 4, 2022, National Partners acquired insurance company Security Premium Finance

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

M&A Deal Summary

Date 2022-08-04
Target Security Premium Finance
Sector Insurance
Buyer(s) National Partners
Deal Type Add-on Acquisition

Target

Security Premium Finance

Coral Gables, Florida, United States
Security Premium Finance is a provider of an insurance premium financing services for commercial and consumer clients to purchase property and casualty insurance products. Security Premium Finance was founded in 1995 and is based in Coral Gables, Florida.

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Buyer(S) 1

Buyer

National Partners

Denver, Colorado, United States

Category Company
Founded 2016
Sector Financial Services
DESCRIPTION

National Partners offers funding programs to third-party premium finance companies, often those affiliated with agents, brokers, and MGAs, so that these smaller premium finance companies can access capital to grow and expand. National Partners was founded in 2016 and is based in Denver, Colorado.


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: 2022 M&A 1 of 1