Affinion Group, LLC, a subsidiary of Affinion Group Holdings Inc., has closed the previously announced sale of its insurance division, Affinion Insurance Solutions, to an affiliate of Mill Point Capital.
As a result of the sale, Affinion Group will operate as a company that uses technology and data-driven analytics to design, administer and fulfill loyalty and engagement programs that strengthen and enhance relationships for its clients around the globe.
Mill Point Capital is a New York, N.Y.-based middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors.
Affinion Group is a Stamford, Conn.-based loyalty and customer engagement company that designs, administers and fulfills loyalty and customer engagement programs that strengthen and expand the value of relationships for its clients globally.
Source: Affinion Group
Topics New York
Was this article valuable?
Here are more articles you may enjoy.
First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud 
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms 
NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case 
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI 
