Mystic Capital advised American Lease Insurance (“ALI”) – a leading provider of equipment lease insurance, in its sale to Assurant, Inc. (NYSE: AIZ).
Overview of Transaction
- ALI provides comprehensive portfolio protection to a growing roster of companies that finance or lease commercial equipment through a customized, automated program of property and liability insurance and tracking.
- After assessing a variety of strategies, American Lease Insurance decided to partner with Assurant, a $10 billion global provider of specialized insurance products and Fortune 500 company.
Mystic Capital’s Advisor Role
- Mystic Capital was chosen by American Lease Insurance to serve as its exclusive strategic and financial advisor.
- This transaction highlights Mystic Capital’s deep expertise in specialty insurance, and its successful track record of generating highly favorable outcomes for founder-led, niche insurance companies.
Sound Results | Sound Advice