UniFi Group Acquires Controlling Stake in National Flood Services
June 10, 2022
UniFi Group has agreed to acquire a controlling interest in National Flood Services (NFS), with PEAK6 InsurTech retaining a minority stake in the new joint venture. The transaction is expected to close in the third quarter of 2022 and UniFi will combine its insurance-focused technology and BPO capabilities with NFS's flood insurance platform to expand services and capabilities in the flood insurance market.
- Buyers
- UniFi Group
- Targets
- National Flood Services (NFS)
- Sellers
- PEAK6 InsurTech, PEAK6
- Industry
- Insurance
- Location
- Montana, United States
- Transaction Type
- Buyout
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