TRP Capital Partners Takes Controlling Interest in Endurance Dealer Services & Endurance Warranty Services
June 1, 2015
Affiliates of TRP Capital Partners have acquired a controlling interest in Endurance Dealer Services, LLC and Endurance Warranty Services, LLC (together, Endurance). The transaction is a recapitalization: founders Paul Chernawsky and Jordan Batt will retain significant ownership and continue to operate the business as the company pursues further growth; Colonnade Securities served as exclusive financial adviser to Endurance.
- Buyers
- TRP Capital Partners
- Targets
- Endurance Dealer Services, LLC, Endurance Warranty Services, LLC
- Sellers
- Paul Chernawsky, Jordan Batt
- Industry
- Insurance
- Location
- Illinois, United States
- Transaction Type
- Recapitalization
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