Foley adviseert Ignyte Verzekeringen bij de verkoop van de Collector Vehicle Business

Foley & Lardner LLP adviseerde Ignyte Insurance, een portefeuillebedrijf van Carlyle, bij de verkoop van haar Collector Vehicle Division aan Philadelphia Insurance Companies voor een bedrag van $615 miljoen.

Ignyte Insurance is a specialty insurance platform focused on building and scaling differentiated brands across high-growth niche markets. The company’s core strategy centers on acquiring and growing specialized insurance businesses that offer differentiated products and exceptional customer service. Among the fastest-growing specialty insurance platforms in the industry, Ignyte’s diversified portfolio represents $650 million in premium and includes market-leading solutions for travel medical, international student health, leased equipment, and specialist MGA platforms.

Het verzekeringsteam van Foley werd geleid door partners Michael Kasdin en J.J. Silverstein met ondersteuning van partner JillAllison Opell en medewerkers Margaret Brzakala en Julia Ditkoff.