M&A Deal Summary

Value Group Direct Acquires Independent Insurance Investments

On November 24, 2015, Value Group Direct acquired insurance company Independent Insurance Investments from Inverness Management

Acquisition Highlights
  • This is Value Group Direct’s 1st transaction in the Insurance sector.
  • This is Value Group Direct’s 1st transaction in the United States.
  • This is Value Group Direct’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2015-11-24
Target Independent Insurance Investments
Sector Insurance
Buyer(s) Value Group Direct
Sellers(s) Inverness Management
Deal Type Add-on Acquisition

Target

Independent Insurance Investments

Conshohocken, Pennsylvania, United States
Independent Insurance Investments, Inc. is a provider of non-standard automobile insurance. Independent Insurance Investments is based in Conshohocken, Pennsylvania.

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Buyer(S) 1

Buyer

Value Group Direct

Paoli, Pennsylvania, United States
Category Company
Founded 2010
Sector Marketing
DESCRIPTION

Value Group Direct LLC is an advertising agency specializing in direct-response marketing. Value Group Direct was founded in 2010 and is based in Paoli, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Inverness Management

New Canaan, Connecticut, United States
Category Private Equity Firm
PE ASSETS 400M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Inverness Management is a private equity firm focused on providing funds for leveraged acquisitions, recapitalizations, and companies seeking additional capital. Inverness does not have an industry preference although prefers businesses with strong fundamentals but operating in out-of-favor sectors. The Firm's target transaction size is $50 to $200 million. Inverness Management is based in New Canaan, Connecticut.

DEAL STATS #
Overall 6 of 7
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Pennsylvania) 1 of 1
Country (United States) 6 of 7
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-13 Kellstrom Aerospace

Davie, Florida, United States

Kellstrom Aerospace is an aerospace aftermarket business focused on providing new parts, surplus material and other technical services to airlines, MROs and lessors. Kellstrom Aerospace provides its customers with instant access to one of the world’s largest and most comprehensive inventories of new and pre-owned aircraft parts and offers world-class supply chain solutions, including new OEM parts distribution, consignment management, pre-owned parts distribution, repair management, overhauled rotable components, parts exchange, whole engine assets and fleet provisioning programs. Kellstrom Aerospace was founded in 2002 and is based in Davie, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-01 PAI

Louisville, Kentucky, United States

PAI is a provider of independent ATM deployments and portfolio management services. PAI delivers tools and services for ATM portfolio owners & operators, retailers, financial institutions, and independent operators/ISOs. PAI was founded in 2005 and is based in Louisville, Kentucky.

Sell -
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