National Partners PFco Acquires Security Premium Finance Company, LLC
August 4, 2022
National Partners PFco, a wholly owned subsidiary of WebBank, has acquired Security Premium Finance Company, LLC, a Coral Gables, Florida-based insurance premium finance company founded in 1995. The acquisition gives National Partners greater presence and diversification in the commercial and consumer premium finance market in Florida and supports planned geographic expansion beyond the state.
- Buyers
- National Partners PFco, WebBank
- Targets
- Security Premium Finance Company, LLC
- Sellers
- Bert Irigoyen
- Industry
- Insurance
- Location
- Florida, United States
- Transaction Type
- Buyout
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