WP Global Partners Invests in GoAuto

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

May 26, 2022

Insurance

Milestone Partners formed specialty auto insurance holding company Drive Assurance Holdings LLC and acquired GoAuto, LLC and its affiliated technology platform Adaptive Information Technologies, LLC (AIT). The acquisition creates a data-driven specialty personal auto insurance platform focused on low-limit policies across Louisiana and growing operations in Texas, Nevada and Ohio.

WP Global Partners Invests in Carrot

September 29, 2021

Healthcare Services

On September 29, 2021, WP Global Partners made a growth equity investment in Carrot. Carrot is a tech-enabled behavioral health company focused on substance-abuse programs, initially centered on smoking cessation, and the funding is intended to support commercialization and expansion with employers and health plans.

WP Global Partners Invests in Landing

June 23, 2022

Real Estate

WP Global Partners invested in Landing on June 23, 2022. Landing is an online marketplace offering fully furnished multi-family homes for rent; the investment is intended as growth capital to scale Landing's flexible-living network and expand its membership-based rental offerings.

World Insurance Associates Acquires Allied Partners Insurance, Inc.

March 2, 2023

Insurance

World Insurance Associates LLC (WIA), a Top 100 insurance brokerage, acquired Allied Partners Insurance, Inc. of Gaithersburg, Maryland on February 1, 2022. Terms were not disclosed; the deal expands World’s presence in the Washington, D.C. / Maryland market and brings Allied Partners’ personal and commercial insurance capabilities into World’s national platform.

One Equity Partners Acquires PGW Auto Glass from LKQ Corporation

March 14, 2022

Transportation

One Equity Partners (OEP) has signed a definitive agreement to acquire PGW Auto Glass, the largest independent distributor of aftermarket auto glass in North America, from a subsidiary of LKQ Corporation. OEP will partner with PGW management, led by Todd Fencak as CEO, to establish PGW as an independent, standalone business and invest to accelerate growth across its distribution network of 113 facilities and ~900 employees.

Imperial Capital-backed GO Car Wash Receives Growth Investment

December 12, 2023

Retail

Imperial Capital’s express car wash platform, GO Car Wash, has received a growth investment from an unnamed privately-held investment firm. The capital will be used to expand GO’s footprint and scale operations across existing and new U.S. markets; GO currently operates 142 express car wash locations nationwide.