Flexpoint Ford makes insurance news with acquisition of GeoVera

Insurance Industry News Deal

The private equity firm has announced the signing of a definitive agreement to purchase the insurer. Flexpoint Ford has just announced that it will be acquiring the California insurance company, GeoVera from the affiliates of Friedman Fleischer & Lowe, LLC, and Hellman & Friedman LLC. The financial details have not yet been disclosed, and the transaction is dependent on the completion of certain typical regulatory approvals and closing conditions, which should be finished by this summer. The private equity firm of Flexpoint Ford has a special focus on the healthcare…

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