Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1, 2023. Terms of the transaction were not disclosed.
AMC was founded over 60 years ago and has grown into a highly respected and specialized national agency. AMC began with a specialized program for service stations and convenience stores, later expanding to fuel marketers. By developing a top-rated, nationwide program for service stations and then for fuel marketers, it allowed AMC to implement plans for aggressive growth.
Giordano Halleran Ciesla provided legal counsel, and Sica Fletcher advised Novatae. Mitchell Williams provided legal counsel to AMC on the transaction. No other advisors, diligence firms or legal counsel were disclosed.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
IMA Latest to Sue Howden Over Alleged Employee Poaching 
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
