Newfront to combine with ABD in $1.35bn deal

July 15, 2021

San Francisco-based insurance start-up Newfront and ABD have agreed to merge in a deal that will value the new company, named Newfront, at $1.35bn.

The deal, which is expected to close by the end of August, will combine over 600 staff and 10,000 clients.

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

Stay Informed: Access exclusive industry insights
Gain a competitive advantage: Hear first about tactical developments
Make better decisions: Understand market dynamics in crucial lines of business

Take a free trial Already a subscriber? Login now

Topics

News M&A Brokers Start-ups

Jairo Ibarra

Senior Reporter