Milestone Partners Forms Drive Assurance and Acquires GoAuto and Adaptive Information Technologies

WP Global Partners Invests in GoAuto

May 26, 2022

Insurance

WP Global Partners, a Chicago-based private investment firm, invested in GoAuto, a provider of non-standard auto insurance operating in Louisiana, Texas, Ohio, Nevada and Illinois. The transaction is a growth investment intended to support GoAuto’s expansion and scaling of its insurance offerings across multiple states.

Milestone Partners Forms Insure Homes and Recapitalizes Cypress Group Holdings

January 19, 2021

Insurance

Milestone Partners formed Insure Homes Holdings LLC and invested in a recapitalization of Cypress Group Holdings, acquiring control of Cypress upon regulatory approvals. Insure Homes also acquired four affiliated insurance service businesses — Cornerstone Operations Group, Access Re, Vista Re and Allied Restoration — creating a vertically integrated, technology-enabled specialty homeowners insurance platform.

Amynta Group Acquires American Auto Guardian (AAGI)

January 15, 2020

Insurance

Amynta Group has completed the acquisition of American Auto Guardian, Inc. (AAGI), a provider of vehicle protection products and services. The deal expands Amynta's vehicle protection and warranty capabilities, adds new dealer distribution partners, and broadens its geographic reach across the U.S. and Canada.

AssuredPartners Acquires GIGA Solutions, Inc.

April 15, 2020

Insurance

AssuredPartners, Inc. has acquired GIGA Solutions, Inc., a Boca Raton-based insurance agency specializing in tailored insurance solutions for the PEO industry. The team of nine will remain in place under existing leaders Chris Rhoden and Carla Busick; GIGA reports approximately $3 million in annualized revenue and will join AssuredPartners' nationwide platform as the firm's 15th acquisition of 2020.

Continental Acquires Minority Stake in Apex.AI

December 14, 2021

Software

Continental has taken a minority stake in Palo Alto–headquartered Apex.AI as a strategic investor to deepen an existing collaboration on the safety-certified vehicle operating system Apex.OS. The minority investment (amount undisclosed) aims to accelerate industrialization and shorten development cycles for ADAS and autonomous-driving functions through closer cooperation and integration of Apex.AI's software with Continental's vehicle platforms.

AssuredPartners Acquires Texas Associates Insurors Agency (TAI)

May 6, 2021

Insurance

AssuredPartners, Inc. announced the acquisition of Texas Associates Insurors Agency, LP (TAI) of Austin, Texas. TAI’s 48-person team (reporting $10 million in annualized revenues) will remain under existing leadership as the agency joins AssuredPartners as part of the firm's ongoing roll-up in Texas and nationwide.