AF Group (via Accident Fund) Acquires AmeriTrust Group
April 12, 2022
AF Group, through its subsidiary Accident Fund Insurance Co. of America, has agreed to acquire AmeriTrust Group. The deal — terms undisclosed — brings AmeriTrust’s specialty commercial property & casualty, workers’ compensation and automotive insurance programs into AF Group’s portfolio, expanding its specialty insurance capabilities.
- Buyers
- AF Group, Accident Fund Insurance Co. of America
- Targets
- AmeriTrust Group
- Sellers
- Fosun International Limited
- Industry
- Financial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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