Specialty Program Group Llc Announces Acquisition Of Assets Of Disaster Recovery Services, Llc, Expanding Its Specialty Portfolio
Acquiring Company
Specialty Program Group
Acquired Company
Disaster Recovery Services
United StatesHoustonInsuranceInsuranceDescription
Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerage, underwriting and consulting facilities, announced today the acquisition of the assets of Disaster Recovery Services, LLC and its affiliate, Disaster Recovery & Risk Solutions, LLC (collectively, DRS), a premier provider of disaster preparation, response, and recovery consulting for commercial and public entities. Established with a commitment to aid organizations in their times of need, DRS brings to the table extensive experience in disaster preparedness planning and mitigation, real-time response coordination, forensic accounting and financial recovery services, particularly in responding to adverse events such as fires, floods, and hurricanes. DRS rounds out this comprehensive support with construction project management, grant administration, and procurement consulting.
Quick answer
Specialty Program Group is acquiring Disaster Recovery Services, announced January 9, 2024. Specialty Program Group is based in United States.
- How much did Specialty Program Group pay for Disaster Recovery Services?
- The deal value was not disclosed.
- What does Specialty Program Group do?
- Headquartered in Summit, NJ, Specialty Program Group is a fully licensed holding company established to acquire and scale best-in-class insurance underwriting facilities and specialty businesses throughout North America.
- Where are Specialty Program Group and Disaster Recovery Services based?
- Specialty Program Group is based in United States. Disaster Recovery Services is based in Houston, Texas, United States.
- Who are the decision-makers at Specialty Program Group?
- Fundz holds 2 contacts at Specialty Program Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Insurance and Insurance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- King Insurance Partners Announces Strategic Acquisition of Mehta Insurance Agency (February 21, 2024)
- Trawick International Acquires Controlling Stake in UK-based Greenlight Insurance (February 14, 2024)
- Pacific Prime Acquires MIT Insurance Brokers Sdn Bhd (February 7, 2024)
- Specialty Program Group Acquires the Assets of Buttine Underwriters Agency, Strengthening Its Sports and Entertainment Vertical (February 6, 2024)
- Senior Market Sales® (SMS) Acquires Medicare-Focused Pro Insurance Resources (February 6, 2024)
- Southlake Specialty Insurance Company Acquires Nevada General Insurance Company (February 6, 2024)
Who to call at Specialty Program Group, and when
When Specialty Program Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Specialty Program Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Specialty Program Group, from your own LinkedIn network
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Frequently asked
Who acquired Disaster Recovery Services?
Disaster Recovery Services was acquired by Specialty Program Group, based in United States. The deal was reported on January 9, 2024. Specialty Program Group is privately held and operates in Insurance.
When did Specialty Program Group acquire Disaster Recovery Services?
Specialty Program Group's acquisition of Disaster Recovery Services was reported on January 9, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Disaster Recovery Services do?
It is privately held, operating in Insurance, and is based in Houston.
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