PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion
Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the 63-year history of Philadelphia Insurance Companies. The deal includes all collector vehicle insurance business and employees from: American Collectors Insurance, J.C. Taylor Insurance, Condon … Read more