Align Financial Holdings, LLC (“Align”), a general agency and specialist program underwriting manager announced that it has acquired Atlanta-based NationsBuilders Insurance Services, Inc. (“NBIS”), an underwriting manager specializing in providing risk management, underwriting and claims handling expertise to the crane & rigging, specialized transportation, concrete pump and equipment rental, and dealer industries. The acquisition of NBIS advances San Diego-based Align’s strategy of building a diversified underwriting business offering a broad portfolio of specialty P&C programs to an expanding base of customers, brokers and agents.
Evercore Group LLC served as financial advisor, and Dentons Durham Jones Pinegar P.C. served as legal counsel to Align. Piper Sandler &. Co. served as financial advisor and Reed Smith LLP served as legal advisor to NBIS.
Was this article valuable?
Here are more articles you may enjoy.
Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures 
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off 
Westchester Close to Settling on Hurricane Sally Condo Claim That Topped $230M 
