M&A Deal Summary

Revolos Acquires Financial American Insurance Group

On February 3, 2011, Revolos acquired insurance company Financial American Insurance Group

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

M&A Deal Summary

Date 2011-02-03
Target Financial American Insurance Group
Sector Insurance
Buyer(s) Revolos
Deal Type Add-on Acquisition

Target

Financial American Insurance Group

Miami, Florida, United States
Financial American develops and administers credit-related insurance products and services marketed through financial institutions, automotive dealers and general agents throughout all fifty states.

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Buyer(S) 1

Buyer

Revolos

Atlanta, Georgia, United States

Category Company
Founded 1980
Sector Consumer Services
DESCRIPTION

Revolos is a full service provider of extended warranties and service contracts for new and used motor vehicles. Revolos’ products include service contracts for cars, trucks, recreational vehicles, watercraft, motorcycles and power sport vehicles. Headquartered in Atlanta, Georgia, Revolos has provided innovative products coupled with superior levels of customer service for almost 30 years. Revolos designs, markets and administers its products in 48 states and has issued more than 1 million service contracts since its inception.


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: 2011 M&A 1 of 1