Novatae Risk Group Acquires American Management Corporation
September 1, 2023
Novatae Risk Group acquired the assets of American Management Corporation (AMC) of Conway, Arkansas effective September 1, 2023. The deal brings AMC's specialty insurance programs for service stations, convenience stores and fuel marketers into Novatae's wholesale/MGA platform to expand its program offerings and distribution capabilities.
- Buyers
- Novatae Risk Group
- Targets
- American Management Corporation
- Industry
- Financial Services
- Location
- Arkansas, United States
- Transaction Type
- Buyout
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